Umicore has been leasing about 12,000 square feet in an older office building in the 150-acre Highwoods Office Park that is located just beyond the Beltline between Atlantic Avenue and Capital Boulevard.
That building was one of four that were foreclosed upon and taken back by the lender for $22 million in October.
The lender, Column Financial, the commercial real estate lending arm of investment bank Credit Suisse, then sold the properties to BlackRock Financial Management for $22 million in November, according to Wake County property records.
Umicore has had its U.S. headquarters in Raleigh since 1997. The company employs 44 employees and had outgrown its existing space, said President Richard Laird.
Umicore's parent company, Umicore Group, is based in Belgium.
The Raleigh office sells a Zinc product used in roofing and wall-panel materials. It also overseas the company's other manufacturing operations on the East Coast.
Umicore produces catalysts used in automotive emission systems in vehicles. It also recycles automotive catalysts at a facility in Maxton, about 100 miles southwest of Raleigh.
Umicore is moving into a 78,000-square-foot building that is now 60 percent leased, according to Raleigh-based Highwoods.