RALEIGH, NC-The Mang Group, an insurance advisory firm headquartered in Raleigh, has inked a deal for 2,622-square feet of Class A office space in a struggling area of the Triad. Mang is taking up residence at 5400 Glenwood Ave. in the Carolina Corporate Center.

Jim Baldwin, a real estate advisor at Coldwell Banker Commercial TradeMark Properties, represented Mang Group in a market where many tenants are actively shopping for deals. With a 20 percent vacancy rate in the Highway 70 Corridor and a 26 percent occupancy rate at the Carolina Corporate Center, Baldwin negotiated a lease with heavy concessions.

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