Concord Hospitality Enterprises, the Raleigh hotel operator that owns the Renaissance Hotel at North Hills, is relocating to a Wakefield office building that it acquired earlier this year.

The company announced today that by Christmas it expects to have moved all of its 95 employees to a 32,000-square-foot headquarters near the intersection of New Falls of Neuse Road and Capital Boulevard.

The company paid $2.5 million for the Wakefield building in January, and is spending another $4 million renovating it.