The Dillon

The Dillon Signs Analog Devices to Full Floor Office Lease in the Warehouse District

In News by The Dillon

Office Space at The Dillon Now 50% Leased

(Raleigh, NC – June 14, 2018) Kane Realty Corporation and FCP℠ are pleased to announce that office space at The Dillon is now 50% leased with a new 26,817-square-foot lease with Analog Devices (Nasdaq: ADI). The leading global high-performance analog technology company dedicated to solving the toughest engineering challenges will be taking the 14th floor at The Dillon, moving their Raleigh office to this location. Bob Van Wormer with Cushman & Wakefield represented Analog Devices in the lease transaction.

“We are extremely excited to have Analog Devices join FMI Corporation, Stewart Engineering and Spaces at The Dillon” said John Kane, CEO of Kane Realty Corporation. “We believe these businesses will benefit from the vibrant downtown Raleigh environment.”

The Dillon is an 18-story tower with 221,300 square feet of Class A office space, 270 apartment homes, covered parking and 52,000 square feet of coveted retail and restaurants in the center of Raleigh’s burgeoning Warehouse District. The landmark project makes up an entire 2.5-acre city block and sits adjacent to Union Station. The Dillon office building’s innovative design by renowned Duda|Paine Architects incorporates the character of the historic Dillon Supply building and surrounding Warehouse District; while providing state-of-the-art, efficient workspace.

The first office tenants at The Dillon moved into the building in June.

The Dillon is the first mixed-use development of its kind in downtown Raleigh’s rapidly expanding, vibrant Warehouse District. The 18-story project will include 220,000 square feet of Class A office space, two seven-story apartment buildings with an adjoining parking deck, and dynamic street-level retail space. With a nod to its 100-year-old history, parts of the original Dillon Supply warehouse building will be preserved and reused in its new life. Learn more about The Dillon at

Kane Realty Corporation (KRC) is a full service real estate development and management company focused on office, retail, multi-family and mixed-use properties of the highest quality. Based in Raleigh, NC since 1978, KRC is dedicated to the goal of creating irresistible places where people will naturally want to gather. Through meticulous attention to detail in every aspect of the property from design and construction management to leasing and property management, Kane’s mission is to build places that improve the quality of life of their businesses, their employees, residents and visitors. For more information, please visit

Federal Capital Partners (FCP) is a privately held real estate investment company that has invested in or financed more than $5.0 billion in assets since its founding in 1999. FCP invests in all asset classes and provides equity, preferred equity and structured debt investments for commercial and residential real estate. The firm, based in Chevy Chase, MD, owns and manages in excess of $2.3 billion in assets. FCP is currently investing its third investment fund, a recently closed commingled, discretionary fund targeted at real estate markets in the Eastern United States.