MORRISVILLE – The Stitch, which is nearing completion at the site of the former Morrisville Outlet Mall, can now offer life science related space.

Owned and developed by Equator Capital Management and OCS Capital, the site will offer 245,000 square feet of office and lab space based on the rezoning decision, CBRE|Raleigh announced Wednesday.

The Stitch is nearing completetion. CBRE|Raleigh rendering.

“It is a huge win that The Stitch has been rezoned to include life sciences and laboratory use, which will only further increase the appeal from a variety of prospective tenants and further add value for ownership. Life Sciences has always been a key industry in the Triangle and companies are increasingly looking for cutting edge lab opportunities, particularly as demand for this space continues to rise. The Stitch will provide Class A space and high-end amenities that are sure to draw in a diversified tenant base,” said John Brewer, Senior Vice President for CBRE|Raleigh.

Brewer and Hastings Crockard as well as the CBRE|Raleigh Investor Leasing group are handling leasing responsibilities.

Construction is expected to be completed by the end of December.

The rezoning means additional space for the Triangle’s growing life science sector. CBRE|Raleigh reported in Octobrer that the Triangle market is the fifth largest in the US.

“The adaptive re-use project will completely transform the vacant shopping mall into a creative Class A office workplace,” CBRE noted in an announcement in October 2019.

“Features of the 25-acre property will include a complete modernization of the building’s exterior design, with newly landscaped outdoor seating areas surrounding the building, a turf yoga lawn and bocce court, a food truck court and other outdoor amenities that encourage community and connectivity.”

Revamped Morrisville Outlet Mall – ‘The Stitch’ – awards leasing deal to CBRE Raleigh

Creative office spaces cater to Triangle companies and employees looking for innovative workplaces