INC Research Expands Space of Developing Perimeter Park HQ by Nearly 50k GSF

August 19, 2017

INC Research Expands Space of Developing Perimeter Park HQ by Nearly 50k GSF

Trinity Capital Advisors is pleased to announce the expansion of INC Research’s newest global headquarters development in Morrisville’s Perimeter Park.

The leading global CRO initially signed a long-term lease for Perimeter Five, located at 3032 Carrington Mill Boulevard, for 214,450 GSF earlier this year. The building square footage has now grown to 263,901 GSF to accommodate INC’s growth following their recent merger with inVentiv Heath.
The original plan for the six-story building has been revised to expand the floorplates. The building is still expected to be ready for occupancy in 2018, and developers are excited to accommodate the company’s growth so seamlessly.

“We always enjoy helping our tenants grow, but this was a truly special opportunity for both INC and the ownership group,” said Jeff Sheehan, Partner at Trinity Capital Advisors. “Redesigning for a larger project on the fly created many unique challenges, but with a spirit of partnership anything is possible. Special kudos to our design and construction team, LS3P, Brasfield & Gorrie, and CCE, for their responsiveness and creativity. We also must acknowledge the wonderful staff and leadership at the Town of Morrisville for helping make this happen.”

Perimeter Five is being developed by Trinity Capital Advisors on behalf of the ownership partnership, a joint venture between Starwood Capital, Vanderbilt Partners, and Trinity Capital Advisors.
Headquartered in Raleigh, NC, INC Research, Inc. (Nasdaq: INCR) provides clinical development services for the biopharmaceutical and medical device industries. Currently, INC Research has offices in more than 70 major cities, including Hong Kong, London, Beijing, Tokyo, Toronto, Amsterdam, Moscow, Sidney, and Singapore.