Perimeter Park Welcomes Relias Learning; Begins Construction of Perimeter Six

News
Jul 22, 2017

Perimeter Park Welcomes Relias Learning; Begins Construction of Perimeter Six

Perimeter Park Office Park is pleased to welcome Relias Learning to its tenant roster. The new corporate headquarters will occupy 130,640 SF in Perimeter Six, a six-story, Class-A office building.

William Allen, Partner, Office Leasing at Trinity Partners, represented the landlord, SVT Ventures (a joint venture between Starwood Capital, Trinity Capital Advisors, and Vanderbilt Partners). Jason High and John Daly of CBRE represented Relias Learning.

“It’s truly an honor to have Relias choose Perimeter Park. Relias’ innovative approach makes them a leader in their industry, and we’re honored to welcome them to the community of top-tier companies,” said Jeff Sheehan, Partner, Trinity Capital Advisors. “As we continue to grow the park, Relias’ tenancy validates our belief that Perimeter Park continues to attract the best and brightest firms in the region.”

Relias Learning provides online analytics, assessments, and learning for approximately 6,000 healthcare providers across the continuum of care, covering both physical and mental health needs, as well as public safety organizations.

Our search for a long-term home focused on finding a location that provides the very best for our employees and that can accommodate our growth,” said Jim Triandiflou, CEO of Relias. “In Perimeter Park we’ve found a state-of-the-art facility that allows for our collaborative, high energy culture to flourish and exemplifies the best of what the Triangle has to offer the business community.”

Now under construction, Perimeter Six is the latest development for the 21-building Perimeter Park. Perimeter Five is currently under construction and will serve as the global headquarters for INC Research. The building totals 194,308 SF and will be ready for occupancy in late 2018 / early 2019, with a remaining 63,668 SF of available space, including the top floor and half of the first and fifth floors.

“Over the past 60 months, Perimeter Park has added over one million square feet of office space with the Perimeter Two through Six buildings,” added Sheehan. “The market recognizes the Park as a world-class corporate campus, with respected corporate neighbors, amenities, and access that allows innovative companies to recruit and retain top talent.”

“Our large blocks of space, big, flexible floorplates, above-standard parking, and an environment that allows Relias to attract and retain top talent is what appeals high-profile companies,” noted Allen. “Additionally, we can solve for future growth needs with both current inventory and three development-ready sites.”

Perimeter Park, located in Morrisville, is minutes from the Raleigh-Durham airport and strategically positioned off I-540 and I-40, bordering Airport Boulevard and Highway 54. The Park has recently undergone several amenity improvements and expansions, including Food Truck Tuesdays, an onsite café serving breakfast, lunch, and Starbucks, and a new modern fitness center with locker rooms and showers. New amenities coming soon include additional outdoor greenspaces with bocce and a putting green, and a new, expanded onsite conference center amenity, free for tenant use.