Tryon Road and Kildaire Farm Road | Cary, NC | 919.859.5818 | WaverlyCary.com

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PLACE

OPEN AIR

Anchored by Whole Foods Market and CinéBistro, the 200,000 sq. ft.

open-air property features a one-acre community park surrounded by unique architecture and active water features.

SENSE OF

Cary’s premier community destinationknown for unique family-friendly

entertainment, upscale dining and year-round signature events.

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“America’s Hottest Spots for Tech Jobs” Forbes, 2016

“Best Cities for Young Professionals” Forbes, 2016

No. 2 No. 3

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North Carolina’s Research Triangle, known to residents simply as “The Triangle,” is

among the top technology and research hubs in the United States. Comprised

of Raleigh-Cary, Durham and Chapel Hill, The Triangle is home to three prominent

research universities – Duke, UNC Chapel Hill and North Carolina State University – as well

as numerous technology companies.

THE TRIANGLE

THE RALEIGH–CARY METRO AREA AND

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NUMBERS THAT COUNT

THE TRADE AREA

2016 Population

2021 Population

2016 Household Income

5,536

6,245

$141,140

1 Mile

60,432

66,246

$116,117

3 Mile

163,196

180,614

$99,743

5 Mile

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TRAFFIC COUNTSKildaire Farm Road 31,000 cars/day

Tryon Road 28,000 cars/day

US 1 98,000 cars/day

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WEALTHIES T ZIP

CARY

Waverly Place resides in The Triangle’s wealthiest zip code.

27518

Cary boasts an affluent, highly-educated population of 151,088 with an average home value of

$454,886 and an average net worth of $1.1 million.

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THE SHOPPER

Status Married with children

Age 33–50

Residence Lochmere, MacGregor Downs

Occupation Stay-at-home mom or dual income family

Exercise Yoga and spin

Favorite Brands Lululemon, Lilly Pulitzer, Tory Burch

Indulgence Weekly mani/pedi

Into Neighborhood gatherings

THE HIGH-END SOCCER MOMSTYLISH, AFFLUENT, SOCIAL

Meet the people who love to shop, dine and play here

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Status Single/Engaged

Age 25–35

Residence Preston, Lochmere

Occupation Biotech research & development

Exercise High-end gym membership

Favorite Brands Apple, The North Face, Free People, Vineyard Vines

Indulgence The latest tech gadget

Into Gourmet coffee

THE TECH INNOVATORSSMART, SAVVY, DRIVEN

Status Married

Age 55+

Residence Regency, MacGregor West

Occupation Top level executive

Exercise Golf and tennis

Favorite Brands J.McLaughlin, Peter Millar, Tommy Bahama

Indulgence Travel

Into Spoiling the grandkids

THE EMPTY NESTERSWEALTHY, SOPHISTICATED, DISCRIMINATING

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DESTINATION

Fire & WaterFire pits and fountains complete with

nightly light shows come to life after dark.

Main StageThe main stage hosts our popular

seasonal music events.

ParkA one-acre park is designed for families and boasts a spacious

playground and splash pad for kids.

LandscapingLush gardens and greens surround

tranquil streams, bridges and thoughtfully-designed hardscapes.

CARY’S PREMIER OPEN–AIR

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TENANTS

SIGNATURE

“Best Mexican/Latin American food in the Triangle”

Indy Week, 2016

“Best Sushi in Cary” TripAdvisor, 2016

GONZA TACOS Y TEQUILA

TASU ASIAN BISTRO

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SITE PLAN

An Everyday Occasion. Specialty Retailers, Upscale Dining

and Unique Services.

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ACCOLADE S

Cary Voted “Best Place to Live in North Carolina”

Money magazine

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Top Redevelopment Triangle Business Journal

Cary ranked in the Top 10 “The Biggest Boomtowns of 2016”

U.S. News & World Report

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PREMIER EVENTS

A vibrant lineup of community events draws shoppers year-round.

Waverly Wine Walk

Hosted in the spring and fall, guests are invited to sample wines from around the world

while they shop at participating retailers.

Wind Down WednesdayThe community is invited to enjoy live

performances by local bands on Wednesdays throughout the summer.

Winter Wonderland

A kickoff to the holiday season, festivities include photos with Santa, a winter market, and the annual

tree lighting ceremony.

Snow Day at Waverly PlaceFun for children of all ages, Snow Day is a

full day of snow tubing and winter festivities.

LeasingCharlie Coyne

Senior Vice Presidentcharlie.coyne@cbre-raleigh.com

+ 1 919 831 8233

Matt LarsonSenior Vice President

matt.larson@cbre-raleigh.com+ 1 919 831 8268

OWNERSHIP & MANAGEMENT

Northwood Investors is a privately held global real estate investment and management firm with approximately $6.5 billion of assets under management. Founded in 2006 by John Z. Kukral, the former President and CEO

of Blackstone Real Estate Advisors, Northwood employs a fundamental, value-driven investment strategy with

a long-term outlook and focus on key global cities. The firm currently owns and manages a diverse portfolio

of real estate assets worldwide, including hospitality, office, retail, residential and industrial properties.

Northwood Retail specializes in maximizing the value of Northwood Investors’ retail portfolio through

a disciplined approach to leasing, development, property management, marketing, and accounting.

As recognized industry leaders, the Northwood Retail team has extensive experience across all retail

property types and disciplines, allowing them to deliver extraordinary retail experiences.

Northwood Investors Northwood Retail

© 2019 CB Richard Ellis-Raleigh, LLC, a Delaware limited liability company. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

Tryon Road and Kildaire Farm Road | Cary, NC | 919.859.5818 | WaverlyCary.com