OFFICE SPACE AVAILABLE THE TOWER $11 Million in Capital Improvements Underway
Renovated lobby Overview Built in 1965, as the headquarters of the NC Mutual Life Insurance Company, today The Tower at Mutual Plaza is in the heart of Downtown Durham s renaissance. For many years, this iconic tower was the tallest building in Durham standing 14 stories high. The building was strategically placed at the peak of the development site in order to emphasize the structure s prominence in the area 1. In 2006 the property was acquired by Greenfire Development. With this new ownership group, The Tower at Mutual Plaza will undertake a renaissance of its own with more than $11 million in capital improvements. Renovations are underway and when complete, this restored Class A property will become one of Downtown Durham s most sought-after office addresses. Planned renovations include: Remodeled and expanded lobby 16,000 sf of newly leasable space on the first floor and mezzanine AV equipped common conference rooms Improved locker rooms and concessions market New exterior lighting Clean, restored, and repaired facade Day-light into concourse with skylights and clerestory windows Parking rendering With these and many more improvements, The Tower at Mutual Plaza will once again offer occupants a premier environment for business. 1 Source: Emporis.com Lobby and Mezzanine office space
Outdoor plaza above Concourse level Building Amenities Enhanced plaza with seating areas - Synthetic grass lawn - Wood deck - Power and wi-fi for outdoor work on Plaza Indoor bike parking Tenant storage rentals Conference center Fitness center Locker rooms Location Located in the American Tobacco District of Downtown Durham, The Tower at Mutual Plaza is within walking distance to many restaurants, entertainment venues, hotels, retail shops and apartments. The Durham Bulls Athletic Park, home to the Durham Bulls minor league baseball team, and Durham Performing Arts Center, are both within walking distance to The Tower at Mutual Plaza. The Highway 147 (Durham Freeway) interchange is two blocks away, and Duke University is just one mile away. Interstate 40, and the world-renowned Research Triangle Park, are a short 10-minute drive away, with Raleigh- Durham International Airport a short 15-minute drive away. Chapel Hill Street Durham Freeway S Duke Street Main Street Willard Street
Parking deck rendering Available for Lease Type Building Size Rental Rate Class A Office Building 183,835 sf $30.00/sf, Full Service Available Space First Floor: Mezzanine: Third Floor: Fourth Floor: Fifth Floor: Concourse Level: (shared office space) 7,009 sf Available August 2018 8,888 sf Available August 2018 12,533 sf Available December 2019 11,612 sf Available June 2018 3,930 sf Available June 2018 13,177 sf Available August 2018 On-Site Parking 3/1,000 sf ratio included Capital Improvements Outdoor plaza with seating Building facade restoration New front entryway Lobby grab-and-go coffee and concessions Lobby renovations Lower-level conference rooms Lower-level fitness center and showers Parking garage expansion Mechanical and HVAC modernization Card access security system Restroom renovations New building lighting package Interior bike rack and lockers The Tower at Mutual Plaza
Concourse Level Shared Office Space 13,177 sf
First Floor 7,009 sf Available August 2018 Mezzanine Level 8,888 sf Available August 2018
Third Floor 12,533 sf Available December 2019 Fourth Floor 11,612 sf Available June 2018 Fifth Floor 3,930 sf Available June 2018 111-4 27-8 27-8
Area Amenities Map BRIGHTLEAF SQUARE DISTRICT W. Morgan Street N. Duke Street WEST VILLAGE DISTRICT Morris Street W. Morgan Street 147 W. Chapel Hill Street The Tower at Mutual Plaza AMERICAN TOBACCO DISTRICT Ramseu Street W. Pettigrew Street CITY CENTER DISTRICT S. Mangum Street S. Mangum Street 147