Coldwell Banker Commercial TradeMark Properties Represents Tenant In 3700 Glenwood Transaction

RALEIGH, N.C. – Billie Redmond, president of Coldwell Banker Commercial TradeMark Properties, has announced that Kellam Ames and Malcolm Lewis, commercial investment brokers at the firm, have represented the tenant in the leasing of space at 3700 Glenwood to The Castleton Group and its sister company, The Executive Staffing Group. Total value of the transaction was more than $10 million. The space, located at 3700 Glenwood Ave., will house the new corporate offices for both The Castleton Group and The Executive Staffing Group.

3700 Glenwood is a five-story, 100,000-square-foot Class A office complex located in one of Raleigh’s oldest office parks, formerly known as the Koger Center. Redeveloped in 2006 by Grubb Ventures, building design includes energy-efficient systems, extensive landscaping, and a brick and glass exterior finish. Long-term plans for 3700 Glenwood include a boutique hotel and retail spaces. Lead tenants currently include Regions Bank, Morgan Keegan & Co. Inc., and Brassfield & Gorrie. For more information on this leasing space, visit www.3700glenwoodnorth.com.

Related Links:
http://www.trademarkproperties.com
http://www.3700glenwoodnorth.com
http://www.relocatetriangle.com

News Facts:

· Billie Redmond, president of Coldwell Banker Commercial TradeMark Properties, has announced that Kellam Ames and Malcolm Lewis, commercial investment brokers at the firm, have represented the tenant in the leasing of space at 3700 Glenwood to The Castleton Group and its sister company, The Executive Staffing Group.
· Total value of the transaction was more than $10 million.
· The space, located at 3700 Glenwood Ave., will house the new corporate offices for both The Castleton Group and The Executive Staffing Group.
· For more information on this leasing space, visit www.3700glenwoodnorth.com.

About The Castleton Group:
The Castleton Group is a full service Professional Employer Organization specializing in human resources outsourcing. As the sister company of The Executive Staffing Group, The Castleton Group provides human resources administration, regulatory compliance management, human capital management, risk assessment, benefits administration, customized training and payroll outsourcing. The Castleton Group works with business owners to improve profitability by increasing employee productivity, leverage technology to reduce time spent on employee administration, reduce employment liability, and reduce labor costs. The firm, with offices in Raleigh and Cincinnati, Ohio, is committed to excellence in human resources management and is considered one of the top PEO's in the nation. In 2005, The Castleton Group was recognized among the 50 fastest growing private companies in the Triangle by the Triangle Business Journal. For more information please call 1-800-851-8158 or visit the Web site at http://www.castletongroup.com.

About The Executive Staffing Group:
The Executive Staffing Group is an Inc. 500 firm with 20 years of business and community partnerships, specializing in strategic staffing, human resources, payroll services, and training. Founded by Suzanne Clifton, President, the firm offers long term, short term, temporary-to-hire, contract, and direct hire opportunities for job candidates. The Executive Staffing Group partners with small, medium, and large companies, customizing hiring solutions based on projected growth, budget, and specified needs. As a locally owned and operated company, The Executive Staffing Group sponsors charity and business to business events as a way of giving back to the community and has supported such organizations as the American Cancer Society, Special Olympics, The V Foundation for Cancer Research, The Food Bank of North Carolina, Cary Visual Arts and United Way. Most recently the Triangle Business Journal named The Executive Staffing Group one of the Best Places To Work in the Triangle. For more information, please call 919-783-6695 or visit the Web site at http://www.executivestaffing.com.

About Coldwell Banker Commercial TradeMark Properties:
Coldwell Banker Commercial TradeMark Properties is a full-service real estate asset management company that provides property management services, which includes facility, physical and fiscal management; as well as leasing and brokerage services throughout the Triangle. TradeMark's licensed real estate agents are market experts in their areas of industry specialization, including commercial, residential, retail, forestry, and investment property sales. The executive management team of Coldwell Banker Commercial TradeMark Properties has over 100 years of combined real estate experience. The firm has been recognized in Metro Magazine’s 2004 Metro Bravo! Awards as being one of the top commercial real estate firms in the Triangle. The Triangle Business Journal named the firm Best Place to Work in 2004 and ranked it among the top commercial real estate firms in North Carolina for 2006. For more information please call 919-782-5552 or on the Internet at http://www.trademarkproperties.com.

Keywords:
Coldwell Banker Commercial TradeMark Properties, 3700 Glenwood, Billie Redmond, Raleigh Real Estate, Leasing Services, Property Management, Property Leasing, Coldwell Banker Commercial, Kellam Ames, Malcolm Lewis, The Castleton Group, The Executive Staffing Group, Suzanne Clifton, Human Resources

Patty Briguglio
MMI Associates, Inc.
919-233-6600
patty@mmimarketing.com

(end)