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CLAYTON, N.C. — LB&B Associates has signed a lease for 204,420 square feet of industrial space in The Carolinas Distribution Center, located at 977 Shotwell Rd. in Clayton. Kent Honeycutt and J.D. McNeill of Cushman & Wakefield's Raleigh, N.C., office represented the tenant in lease negotiations, while Jim Allaire and Jackson Rivers of Cassidy Turley's Raleigh, N.C., office represented the warehouse owners, Crown-Raleigh III, in the lease negotiation.