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Fortnite maker Epic's new headquarters are in North Carolina mall

Date Type Companies involved Size
January 5th, 2021 acquisition Epic Games $95m
Fortnite maker Epic's new headquarters are in North Carolina mall

Games giant Epic has bought itself a new home in a former mall in its native North Carolina.

In a release on its website, the firm revealed it was buying the Cary Towne Center, a 980,000 square foot former shopping mall with the aim of opening a new headquarters campus by 2024. The property was acquired by Turnbridge Equities and Denali Properties after three of its five main tenants pulled out at the start of 2019.

According to public records reported by MSN, the property was sold to Epic for $95 million, a tidy profit on the $31.5 million that Turnbridge and Denali paid for Cary Towne Center in February 2019.

“We’re extremely proud that Epic has chosen to call Cary home for their new global headquarters, and we greatly appreciate the company’s recognition of Cary’s existing assets as well as the unlimited potential of the area for their growing business,” Cary's Mayor, Harold Weinbrecht, said.

“We look forward to continuing to work closely and collaboratively with the Epic team as they conceptualise their new campus, and we’re honoured to partner with them on this exciting new development.”

Turnbridge Equities MD Jason Davis added: “Epic shares our vision for transforming Cary Towne Center into a vibrant community space. This sale is further validation of our value-driven investment strategy, and the property could not be placed in better hands. After years of shifting development plans for the Center, we are thrilled the space will be utilised to its full potential and turned into something the Town and community of Cary can be proud of.”


PCGamesInsider Contributing Editor

Alex Calvin is a freelance journalist who writes about the business of games. He started out at UK trade paper MCV in 2013 and left as deputy editor over three years later. In June 2017, he joined Steel Media as the editor for new site PCGamesInsider.biz. In October 2019 he left this full-time position at the company but still contributes to the site on a daily basis. He has also written for GamesIndustry.biz, VGC, Games London, The Observer/Guardian and Esquire UK.

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