Park Point
Location:

Durham, NC

In the spring of 2019, Trinity Capital and its joint venture partner, Vanderbilt, in conjunction with Starwood Capital, acquired Park Point: a vacant formerly single-tenant facility in Research Triangle Park. Park Point is a unique adaptive-reuse development project, transforming the former Nortel Networks grounds into a creative office and life sciences campus with cutting-edge retail and recreational amenities that appeal to today’s innovation-oriented STEM workforce. With six clustered buildings comprising 652,000 square feet, Park Point’s 100 acres can accommodate additional new development, including greenhouses, depending on tenants’ needs. Nestled in woods just off Interstate 40, N.C. Hwy. 54, Miami Boulevard, and Davis Drive, just a short distance from I-540—alongside the North Carolina Railroad, a future regional transit corridor—Park Point’s location at the edge of RTP is prime, with an abundance of amenities in the park and just outside it. The property’s flexibility appeals to small firms and large companies alike. Visit ParkPointRTP.com for leasing information.

Product Type: Creative Office and Life Sciences
Project Size: 652,000 SF
Architect: Gensler