RALEIGH – Advance Auto Parts is moving its corporate headquarters and consolidating its numerous operations into one building, one goal being to be better able to recruit and retain employees. The automotive parts company said Tuesday it has struck a deal with Kane Realty to leaves 218,000 square feet at the Tower 4 building now under construction in North Hills. Kane Realty says the deal means that 85 percent of the building has been leased. The building – part of continuing growth at North Hills – will be called Advance Auto Parts Tower as part of the leaves. Advance Auto will occupy seven floors. In all, the 20-story building fronting Six Forks Road includes “11 floors of Class A office space atop eight levels of integrated parking and ground-level lobby,” Kane Realty says. The tower will offer “328,600 square feet of office space will have access to a conference center and coveted terrace-level amenities, in addition to street-level restaurants. Adjacent will be a 570,000-square-foot residential tower rising 32 stories.” Plans call for Advance Auto to begin moving into the new building in the final quarter of 2020. Advance Auto currently has employees spread across six locations in Raleigh. “We are building a world class company with a world class culture focused on attracting and retainingworld class Team Members – our move to North Hills will help those efforts,” said Tom Greco, CEO of Advance Auto, in a statement. “This new headquarters facility is another symbol of the strong progress we have made in our ongoing Transformation journey as a company and the exciting opportunities that exist for our business, our Team Members and the Customers we serve. “Today, our Raleigh based employees are located in six different buildings across multiple locations which is not ideal. This new facility will enable us to have all of our Raleigh based corporate Team Members in one location, enabling us to work more collaboratively, efficiently and effectively in support of our customers.” Advance Auto Parts operates more than 5,000 stores and works with some 1,250 independently owned Carquest stores.
US vehicle component firm Advance Auto Parts is moving its HQ to North Hills in Raleigh, North Carolina, as a way to boost employee recruitment and retention. The company is leasing 218,000 sq ft of space across six storeys at Tower 4 building, transforming its footprint by consolidating the location of its divisions, which are currently spread over seven facilities in Raleigh. As such, each unit will be able to work collaboratively and efficiently across the business, helping both employees and customers. At the moment, the firm is scheduled to move to its new HQ in Q4 2020.