JLL represents tech company in lease at Capital Center
Raleigh, N.C., November 29, 2016 – (RealEstateRama) — K4Connect, a mission-oriented technology company that creates solutions that serve and empower older adults and individuals living with disabilities, has signed a lease at Capital Center Raleigh. JLL Raleigh represented K4Connect in the transaction. Founded in 2013, the Company’s solutions enable simpler, smarter living environments and healthier lives for those the company serves, while fostering family and community engagement.
K4Connect relocated its headquarters from Downtown Raleigh to Capital Center in West Raleigh in September of this year. The Company leased nearly 16,000 square feet in the seven-story, Class A office building.
“As a rapidly growing company, flexibility was extremely important to K4Connect,” said David Fleming, a Managing Director at JLL. “We were able to find just that at Capital Center, along with a landlord that understands the needs of a high-growth tech company.”
“K4Connects’s new office space will allow us to increase our capabilities to meet the needs of our clients, customers and team members,” said F. Scott Moody, Co-Founder and CEO of K4Connect. “Just some of the new features included in our space is a two room demo area, a fully equipped classroom training environment and even a workout area for our team. We’re excited about the new space as this move demonstrates our commitment to building on the success our team has already accomplished.”
K4Connect was co-founded by Moody and Jonathan Gould. A N.C. State graduate, Moody returned to North Carolina after his prior company, AuthenTec, was acquired by Apple in 2012 for $396 million. AuthenTec’s technologies are the foundation for Apple’s Touch ID. K4Connect also recently announced it has raised $8 million in Series A funding, led by Intel Capital.
David Urben represented the landlord, The Dilwig Companies, in the K4Connect transaction.
JLL (NYSE: JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. A Fortune 500 company with annual fee revenue of $5.2 billion and gross revenue of $6.0 billion, JLL has more than 280 corporate offices, operates in more than 80 countries and has a global workforce of more than 60,000. On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 4.0 billion square feet, or 372 million square meters, and completed $138 billion in sales, acquisitions and finance transactions in 2015. Its investment management business, LaSalle Investment Management, has $58.3 billion of real estate assets under management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com.
K4Connect creates solutions that serve and empower older adults and individuals living with disabilities, enhancing lives through an open technology delivery and management platform that combines home automation, health and wellness technology, content and communications. The Company’s products enable simpler, smarter living environments and healthier lives, while fostering family and community engagement. For more information, please visit www.k4connect.com.