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Biomedical firm leases building at Raleigh, N.C., office park


INC Research Holdings Inc. signed a lease at Perimeter Five, 3032 Carrington Mill Boulevard in Morrisville, N.C. The leading global contract research organization inked a lease for the entire 215,450-square-foot, Class A office building located within the Perimeter Park master planned office park.


The tenant, INC Research, was represented by Erika Jean McNeil, along with Paul Glickman, Matthew Astrachan and Michael Morgan, all with JLL. The group worked closely with Kevin Brandenburg, senior vice president and head of corporate services, for INC Research. William Allen with Trinity Partners represented the landlord.  


"JLL has been working closely with INC Research to identify an innovative space, state of the art building to house the firm's global headquarters," said McNeill. "We were able to find an ideal home for our client at Perimeter Five in the Perimeter Park office complex. INC will be able to relocate to a brand new office building while remaining in the heart of Research Triangle."


INC Research Holdings Inc. signed a 12-year lease for 215,450 square feet of office space and will occupy the entire Perimeter Five office building, to be located within the Perimeter Park office complex and adjacent to Exit 69 on I-540 in Morrisville, N.C.


Perimeter Park is a 3 million-square-foot office and industrial development with more than 700,000 square feet of properties designed to allow businesses of all types to thrive. Located in the heart of Research Triangle Park and minutes from Raleigh-Durham International Airport, Perimeter Park is at the epicenter of local business in the area. Perimeter Five features efficient floor plans, bright lobbies and striking glass lines with prominent signage and branding opportunities. The office building will feature lake views and be surrounded by the park's amenities, steps away from green spaces, a cafe serving the entire Starbucks menu, and a state-of-the-art fitness center.


JLL was tapped in mid-2015 by INC Research to serve as exclusive provider of strategic and transactional real estate services for its portfolio of facilities worldwide. Headquartered in Raleigh, N.C., INC Research provides the full range of Phase I to Phase IV clinical development services for the biopharmaceutical and medical device industries. JLL is assisting the company in aligning its office space across six continents with current needs during a period of significant growth. JLL advises INC Research  by, providing leasing and strategic analytical services to rationalize the portfolio as the company continues to expand. Currently, INC Research has offices in more than 70 major cities, including Hong Kong, London, Beijing, Tokyo, Toronto, Amsterdam, Moscow, Sidney and Singapore.

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