Oak City CRE Newswire – New Lease at 1000 Social

Oak City CRE Newswire: New Lease at 1000 Social

Date: 1/26/2023

FOR IMMEDIATE RELEASE:

Dewitt Carolinas Announces Summit Design and Engineering Services

Has Leased 30K sq ft in 1000 Social at The Exchange Raleigh

Raleigh, NC – January 26, 2023  – Dewitt Carolinas, Inc., a real estate development firm specializing in large scale mixed-use, multifamily, and commercial properties throughout the Carolinas, will welcome Summit Design and Engineering Services to 1000 Social, the first of two twelve-story Social Towers, at its 40–acre, billion-dollar project, The Exchange Raleigh. Summit will lease the entire 8th floor, 30,171 sq ft, with a suite that features a large private balcony and a 360-degree view of the city, including the Raleigh skyline. Summit is a full-service design and engineering firm licensed to practice a full complement of services in 14 states across the US. The suite at 1000 Social will be the firm’s flagship office, housing Summit’s design and operations teams with corporate administration remaining in its current Hillsborough office. Dewitt Carolinas broke ground on 1000 Social in September 2022; delivery of office suites is projected in early 2024.

Summit President Troy Dover said, “We are excited about the new space, and we are grateful for our partnership with Dewitt. Over the past several years Summit has expanded our footprint across the southeast and into Texas and Colorado. As we have expanded into new communities, our focus on supporting our home state and the Triangle has remained. We look forward to continuing our investment in Raleigh and can’t wait to welcome our team, partners and clients in our new space.”  Scott Ashton, Summit’s chief financial officer, added, “Long lasting partnerships are engrained in Summit’s culture. We have known Dewitt Carolinas for over 20 years, and we have seen a lot of growth during that time. Moving into a new office is no small task and it’s great to work with a local team that we trust.” The firm recently announced an interim move to One Renaissance Center on Benson Drive, also a Dewitt Carolinas property and contiguous to The Exchange Raleigh. 

“We are delighted that our friends and partners at Summit share our commitment to the vision for The Exchange Raleigh, and we are pleased to welcome them to 1000 Social,” said Dewitt Carolinas CEO Todd Saieed. 1000 Social will be Raleigh’s first office tower to earn WELL certification for its embrace of biophilic design principles which optimize employee health and well-being. Critical to that design is a seamless flow between indoor and outdoor workspaces, with sweeping views of the surrounding four-acre park which anchors the entire project.

About 1000 Social

1000 Social will deliver 330,000 sq ft of class-A office space, 20,000 sq ft of retail, and 5,000 sq ft of conference and meeting centers. The building is one of two mirror-image towers, the Social Towers, that will be connected by an elevated pedestrian skybridge and park. The architect for 1000 Social is Rule Joy Trammell Rubio, LLC, of Atlanta. The landscape architect is Dallas-based Studio Outside. Brasfield & Gorrie is the general contractor. Leasing will be managed by CBRE of Raleigh. For renderings of 1000 Social and The Exchange Raleigh visit this dropbox link.

About Dewitt Carolinas, Inc. 

Dewitt Carolinas Inc. is a Raleigh based full-service diversified real estate company with over 25 years of experience across more than 200 projects throughout the Carolinas. Dewitt Carolinas specializes in office, retail, and multifamily development, construction management, property management, and leasing. For more information visit www.dewittcarolinas.com.

About Summit Design and Engineering Services

Summit Design and Engineering Services is a design, engineering and construction management firm headquartered in Hillsborough, North Carolina, with 14 offices across six states. Since 1997, Summit’s success, tradition of service, and expansion into new fields of practice has been based on their commitment to help clients successfully complete projects of all types. Founded in 1997 in Hillsborough, North Carolina, Summit provides a variety of design, engineering, and construction management services to several different markets. The firm prides itself on technical expertise and versatility and strives to be a trusted partner to their clients in helping them shape their communities. For more information visit www.summitde.com.

MEDIA CONTACT FOR DEWITT CAROLINAS:

Margee Herring

910-233-2466

[email protected]

MEDIA CONTACT FOR SUMMIT ENGINEERING:

Ginny Kirk Andrews

919-732-3883 x 3118

[email protected]

Source: Dewitt Carolinas