16
2501 E. CORNWALLIS ROAD DURHAM, NORTH CAROLINA CORNWALLIS ROAD DOWNTOWN DURHAM 10 MINUTES | 7.0 MILES RDU INTERNATIONAL AIRPORT 11 MINUTES | 8.7 MILES Part of the CBRE affiliate network NORTHEAST CREEK PARKWAY THE RESEARCH TRIANGLE PARK 50,000 EMPLOYEES

DURHAM, NORTH CAROLINA€¦ · 2501 e. cornwallis road durham, north carolina. ad. downtown durham. 10 minutes | 7.0 miles. rdu international airport. 11 minutes | 8.7 miles. part

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Page 1: DURHAM, NORTH CAROLINA€¦ · 2501 e. cornwallis road durham, north carolina. ad. downtown durham. 10 minutes | 7.0 miles. rdu international airport. 11 minutes | 8.7 miles. part

2501 E. CORNWALLIS ROADDURHAM, NORTH CAROLINA

CORNWALLIS ROAD

DOWNTOWN DURHAM10 MINUTES | 7.0 MILES

RDU INTERNATIONAL AIRPORT11 MINUTES | 8.7 MILES

Part of the CBRE affiliate network

NO

RTH

EAST

CRE

EK P

ARK

WAY THE RESEARCH TRIANGLE PARK

50,000 EMPLOYEES

Page 2: DURHAM, NORTH CAROLINA€¦ · 2501 e. cornwallis road durham, north carolina. ad. downtown durham. 10 minutes | 7.0 miles. rdu international airport. 11 minutes | 8.7 miles. part

2501 E. CORNWALLIS ROAD | 2Part of the CBRE affiliate network

Affiliated Business Disclosure

CBRE, Inc. operates within a global family of companies with many subsidiaries and/or related entities (each an “Affiliate”) engaging in a broad range of commercial real estate businesses including, but not limited to, brokerage services, property and facilities management, valuation, investment fund management and development. At times different Affiliates may represent various clients with competing interests in the same transaction. For example, this Memorandum may be received by our Affiliates, including CBRE Investors, Inc. or Trammell Crow Company. Those, or other, Affiliates may express an interest in the property described in this Memorandum (the “Property”) may submit an offer to purchase the Property and may be the successful bidder for the Property. You hereby acknowledge that possibility and agree that neither CBRE, Inc. nor any involved Affiliate will have any obligation to disclose to you the involvement of any Affiliate in the sale or purchase of the Property. In all instances, however, CBRE, Inc. will act in the best interest of the client(s) it represents in the transaction described in this Memorandum and will not act in concert with or otherwise conduct its business in a way that benefits any Affiliate to the detriment of any other offeror or prospective offeror, but rather will conduct its business in a manner consistent with the law and any fiduciary duties owed to the client(s) it represents in the transaction described in this Memorandum.

Confidentiality Agreement

This is a confidential Memorandum intended solely for your limited use and benefit in determining whether you desire to express further interest in the acquisition of the Property.

This Memorandum contains selected information pertaining to the Property and does not purport to be a representation of the state of affairs of the Property or the owner of the Property (the “Owner”), to be all-inclusive or to contain all or part of the information which prospective investors may require to evaluate a purchase of real property. All financial projections and information are provided for general reference purposes only and are based on assumptions relating to the general economy, market conditions, competition and other factors beyond the control of the Owner and CB Richard Ellis - Raleigh LLC. Therefore, all projections, assumptions and other information provided and made herein are subject to material variation. All references to acreages, square footages, and other measurements are approximations. Additional information and an opportunity to inspect the Property will be made available to interested and qualified prospective purchasers. In this Memorandum, certain documents, including leases and other materials, are described in summary form. These summaries do not purport to be complete nor necessarily accurate descriptions of the full agreements referenced. Interested parties are expected to review all such summaries and other documents of whatever nature independently and not rely on the contents of this Memorandum in any manner.

Neither the Owner or CB Richard Ellis - Raleigh LLC, nor any of their respective directors, officers, Affiliates or representatives make any representation or warranty, expressed or implied, as to the accuracy or completeness of this Memorandum or any of its contents, and no legal commitment or obligation shall arise by reason of your receipt of this Memorandum or use of its contents; and you are to rely solely on your investigations and inspections of the Property in evaluating a possible purchase of the real property.

The Owner expressly reserved the right, at its sole discretion, to reject any or all expressions of interest or offers to purchase the Property, and/or to terminate discussions with any entity at any time with or without notice which may arise as a result of review of this Memorandum. The Owner shall have no legal commitment or obligation to any entity reviewing this Memorandum or making an offer to purchase the Property unless and until written agreement(s) for the purchase of the Property have been fully executed, delivered and approved by the Owner and any conditions to the Owner’s obligations therein have been satisfied or waived.

By receipt of this Memorandum, you agree that this Memorandum and its contents are of a confidential nature, that you will hold and treat it in the strictest confidence and that you will not disclose this Memorandum or any of its contents to any other entity without the prior written authorization of the Owner or CB Richard Ellis - Raleigh LLC. You also agree that you will not use this Memorandum or any of its contents in any manner detrimental to the interest of the Owner or CB Richard Ellis - Raleigh LLC.

If after reviewing this Memorandum, you have no further interest in purchasing the Property, kindly return this Memorandum to CB Richard Ellis - Raleigh LLC.

Disclaimer

© 2019 CB Richard Ellis - Raleigh LLC. The information contained in this document has been obtained from sources believed reliable. While CB Richard Ellis - Raleigh LLC does not doubt its accuracy, CB Richard Ellis - Raleigh LLC has not verified it and makes no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

Page 3: DURHAM, NORTH CAROLINA€¦ · 2501 e. cornwallis road durham, north carolina. ad. downtown durham. 10 minutes | 7.0 miles. rdu international airport. 11 minutes | 8.7 miles. part

2501 E. CORNWALLIS ROAD | 3Part of the CBRE affiliate network

2501 E. CORNWALLIS ROADDURHAM, NORTH CAROLINA

Highlights

CBRE|Raleigh is pleased to present 2501 E. Cornwallis Road, an office/research development opportunity including over 102 acres located in the nationally acclaimed, Research Triangle Park. The property includes access to all municipal utilities with access off E. Cornwallis Road. Located contiguous to the property is Parmer RTP, a 20-building state-of-the-art research and development campus.

With an estimated 39,000 full time workers and 10,000 contract workers employed at over 170 companies, the Research Triangle Park is one of the most highly sought after locations in the Triangle, North Carolina and the U.S. Offering over 102 acres, the site’s development potential includes a world class headquarters or multi-tenant research and development business park.

OFFERINGProperty Acreage PIN# Sale Price

2152 NORTHEAST CREEK PARKWAYDurham, NC(In RTP Limits)

51.629 Acres 0739-04-63-7648 $120,000/Acre

2501 E. CORNWALLIS ROADDurham, NC(In RTP Limits)

34.430 Acres 0739-62-13-1887 $120,000/Acre

2501 E. CORNWALLIS ROADDurham, NC(Not In RTP Limits)

16.157 Acres 0739-62-13-1887.DUR $120,000/Acre

Total 102.216 Acres $12,265,920

Page 4: DURHAM, NORTH CAROLINA€¦ · 2501 e. cornwallis road durham, north carolina. ad. downtown durham. 10 minutes | 7.0 miles. rdu international airport. 11 minutes | 8.7 miles. part

2501 E. CORNWALLIS ROAD | 4Part of the CBRE affiliate network

2501 E. CORNWALLIS ROADDURHAM, NORTH CAROLINA

Property Overview

CORN

WAL

LIS R

OAD

T.W. ALEXANDER DRIVE

1,778,530 Rentable Square FeetOver 500 Acres

276,726 Rentable Square FeetOver 45 Acres

NORTHEAST CREEK PARKWAY

RESEARCH TRI-CENTER SOUTH1,318,502 Rentable Square Feet

Class A Industrial Park

RESEARCH TRI-CENTER NORTH 1,056,523 Rentable Square Feet

Business Park/Data Center

Page 5: DURHAM, NORTH CAROLINA€¦ · 2501 e. cornwallis road durham, north carolina. ad. downtown durham. 10 minutes | 7.0 miles. rdu international airport. 11 minutes | 8.7 miles. part

Part of the CBRE affiliate network

2501 E. CORNWALLIS ROADDURHAM, NORTH CAROLINA

Property Overview

Property 2501 E. CORNWALLIS ROAD2151 NORTHEAST CREEK PARKWAYDURHAM, NC 27713(Durham County)

Acreage ±102.216 Acres

Zoning Science Research Park (SRP)Industrial Light (IL)

Permitted Uses Under the Science Research Park zoning district, permitted uses include research facilities, pilot plants, prototype production facilities and other manufacturing operations that require the continual or recurrent application of research knowledge and activity. Office and support services are also allowed.

Under the Industrial Light zoning district, permitted uses include light manufacturing, warehousing, wholesaling, offices and support services.

For more information on permitted uses, click here

Future Land Use Research and Research Applications (RRA)Industrial (IND)

Utilities Municipal water and sewer service available

PIN # 0739-04-63-7648, 0739-62-13-1887, 0739-62-13-1887.DUR

Due Diligence • Title Insurance Policy (Dated Aug. 2009)• NCDENR Stream Determination

(Completed Sept. 2009)• Durham County Riparian Buffer

Determination (Completed Oct. 2009) • NC Division of Water Quality - Stream

Identification (Completed Nov. 2009)• Wetland/Stream/Buffer Location

(Completed Sept. 2012)To download due diligence files, click here

Sale Price $120,000/Acre

2501 E. CORNWALLIS ROAD | 5

SITE AERIAL

Page 6: DURHAM, NORTH CAROLINA€¦ · 2501 e. cornwallis road durham, north carolina. ad. downtown durham. 10 minutes | 7.0 miles. rdu international airport. 11 minutes | 8.7 miles. part

2501 E. CORNWALLIS ROAD | 6Part of the CBRE affiliate network

Checked By

Designer

Drawn By

Scale

Date

Job No.

Sheet No.

2501 EAST CORNWALLIS ROAD WETLAND/STREAM/BUFFER LOCATION EXHIBIT 1DURHAM DURHAM COUNTY NORTH CAROLINA

1 inch = 400 ft.

GRAPHIC SCALE0 200 400

WETLAND/STREAM/BUFFER LOCATIONS

Page 7: DURHAM, NORTH CAROLINA€¦ · 2501 e. cornwallis road durham, north carolina. ad. downtown durham. 10 minutes | 7.0 miles. rdu international airport. 11 minutes | 8.7 miles. part

2501 E. CORNWALLIS ROAD | 7Part of the CBRE affiliate network

T.W. A

LEXANDER

DRIVE

NORTHEA

ST CR

EEK PA

RKWAY

CORNWALLIS ROAD

DOWNTOWN DURHAM10 MINUTES | 7.0 MILES

RDU INTERNATIONAL AIRPORT11 MINUTES | 8.7 MILES

Page 8: DURHAM, NORTH CAROLINA€¦ · 2501 e. cornwallis road durham, north carolina. ad. downtown durham. 10 minutes | 7.0 miles. rdu international airport. 11 minutes | 8.7 miles. part

2501 E. CORNWALLIS ROAD | 8Part of the CBRE affiliate network

LOCATIONOVERVIEW

Page 9: DURHAM, NORTH CAROLINA€¦ · 2501 e. cornwallis road durham, north carolina. ad. downtown durham. 10 minutes | 7.0 miles. rdu international airport. 11 minutes | 8.7 miles. part

2501 E. CORNWALLIS ROAD | 9Part of the CBRE affiliate network

LOCATIONOVERVIEW

Chicago, IL

2 HOURS

12.5 HOURS

25 HOURS

6 HOURS

43 HOURS

69 HOURS

Los Angeles, CA

Dallas, TX

3 HOURS

17.25 HOURS

30 HOURS

5.75 HOURS

37 HOURS

62 HOURS

1.5 HOURS

7.75 HOURS

11 HOURS

3 HOUR DRIVETO THE APPALACHIAN

MOUNTAINS

2 HOUR DRIVE TO THE NC BEACHES

27 MINUTE DRIVE TO JORDAN LAKE

2501 E. CORNWALLIS ROAD NATIONALLYDue to its location in the Research Triangle Park, the largest research park in the country, 2501 E. Cornwallis Road is appealing to local, regional, national and international research and tech companies, as well as third-party vendors providing services to these firms. Located just minutes from RDU International Airport, the site provides the access, educated workforce from Duke University, NC State University and UNC Chapel Hill, and sprawling acreage for any headquarters or research and development companies looking for the ideal site for operations.

Seattle, WA

500 miles

New York, NY

Page 10: DURHAM, NORTH CAROLINA€¦ · 2501 e. cornwallis road durham, north carolina. ad. downtown durham. 10 minutes | 7.0 miles. rdu international airport. 11 minutes | 8.7 miles. part

2501 E. CORNWALLIS ROAD | 10Part of the CBRE affiliate network

THE RALEIGH-DURHAM MARKET AREA

2501 E. CORNWALLIS RD.

Page 11: DURHAM, NORTH CAROLINA€¦ · 2501 e. cornwallis road durham, north carolina. ad. downtown durham. 10 minutes | 7.0 miles. rdu international airport. 11 minutes | 8.7 miles. part

2501 E. CORNWALLIS ROAD | 11Part of the CBRE affiliate network

2501 E. CORNWALLIS ROADDURHAM, NORTH CAROLINA

Demographics

1,555,480PERMANENT RESIDENTS

53,638 BUSINESSES

60.5% EDUCATED

WORKFORCE

#2 MOST EDUCATED

CITY IN THE COUNTRY

WAKE/DURHAM/ORANGE COUNTIES

2018 Population 1,936,817

2023 Estimated Population 2,140,590

2018 Average Household Income $90,262

2023 Average Household Income $102,348

2018 Average Home Value $316,940

Page 12: DURHAM, NORTH CAROLINA€¦ · 2501 e. cornwallis road durham, north carolina. ad. downtown durham. 10 minutes | 7.0 miles. rdu international airport. 11 minutes | 8.7 miles. part

2501 E. CORNWALLIS ROAD | 12Part of the CBRE affiliate network

LOCATION OVERVIEW

#1 Best Big City to Live In in the Southeast

Money Magazine, September 2016

#2 Tech Hub that Millennials Prefer to Silicon Valley

Forbes, November 2017

#6 Large Metro for Salary Growth

U.S. Bureau of Labor Statistics, April 2016

#2 Next Biggest Boom Towns in the U.S.

Forbes, May 2016

#2 Best Place for Business and Careers

Forbes, October 2017

#6 Most Future-Ready City

Dell & HIS Economics Group, January 2016

#7 U.S. Market to Watch: Overall Real Estate Prospects

ULI, November 2016

#7 Hottest Startup Hub

Inc., January 2016

#5 Most Pro-Business City in America

Market Watch, May 2015

#8 Leading Metro for Biotech Investment

CityLab, April 2016

#2 City with the Most Job Openings Per Person

Indeed, March 2015

#3 Best City of Young Professionals

Forbes, March 2016

#2 Housing Markets for 2018

January 2018

#2 Most Educated City

Forbes, October 2017

#2 Best Big City to Live in

Trulia, December 2017

Page 13: DURHAM, NORTH CAROLINA€¦ · 2501 e. cornwallis road durham, north carolina. ad. downtown durham. 10 minutes | 7.0 miles. rdu international airport. 11 minutes | 8.7 miles. part

2501 E. CORNWALLIS ROAD | 13Part of the CBRE affiliate network

The Key Economic Driver: The Research Triangle Park

The Research Triangle Park (“RTP” or the “Park”) is centrally located between the three major Triangle research universities: Duke University in Durham, University of North Carolina in Chapel Hill and North Carolina State University in Raleigh. The Park, with 25 million square feet of developed space, is one of the world’s largest and most successful research and development centers in terms of number of jobs created, capital investment and the prestige of companies located there.

Founded in 1959 by leaders from business, government and academia, its purpose was to attract companies engaged in world-class research and development in growing scientific and technological disciplines and is home to more than 170 companies employing over 39,000 fulltime knowledge workers and an estimated 10,000 contract employees.

RTP drives Raleigh-Durham’s thriving economy. It is projected that over the next fifteen years, employment will increase by 67%, total earnings by 48%, personal income by 46% and total retail sales by 41%.

The Research Triangle Park is home to an outstanding, creditworthy roster of tenants, anchored by its proximity to three world class universities and the region’s most accessible transportation infrastructure. NetEdge Systems, Cisco Systems, Covance, Biogen, Ericsson, Eisai Pharmatechnology, Inc. of Japan, and Bekaert Corp. of Belgium call RTP home. Furthermore, the Research Triangle Park is home to the Environmental Protection Agency’s largest facility outside of Washington, DC – a 1.1 million SF model of “green building” – one of the largest in the world.

Other major employers in the Research Triangle Park include IBM, Cisco System, GlaxoSmithKline, DuPont, BASF, Fidelity, Credit Suisse, Becton Dickinson and Rhone Poulenc.

41LOCATION OVERVIEW

BostonNEW YORK

CONN.

MASS.

R.I.

PENNSYLVANIA

MARYLANDOHIO

WESTVIRGINIA

INDIANA

KENTUCKY

TENNESSEENORTH CAROLINA

SOUTHCAROLINA

GEORGIAALABAMAMISSISSIPPI

ARKANSAS

LOUISIANA

FLORIDA

MICHIGAN

WISCONSIN

IOWA

ILLINOIS

MISSOURI

VIRGINIA

N. J.

New York

Philadelphia

Baltimore

Pittsburgh

Washington, DC

Richmond

Indianapolis

Chicago

Cincinnati

Atlanta

Charlotte

Raleigh

DurhamChapel Hill4 0

8 5

9 5

9 5

A KEY ECONOMIC DRIVER:RESEARCH TRIANGLE PARK

The Research Triangle Park (“RTP” or the “Park”) is centrally located

between the three major Triangle research universities: Duke University

in Durham, University of North Carolina in Chapel Hill and North

Carolina State University in Raleigh. The Park, with 25 million square feet

of developed space, is one of the world’s largest and most successful

research and development centers in terms of number of jobs created,

capital investment and the prestige of companies located there.

Founded in 1959 by leaders from business, government and academia,

its purpose was to attract companies engaged in world-class research

and development in growing scientific and technological disciplines

and is home to more than 170 companies employing over 39,000 full-

time knowledge workers and an estimated 10,000 contract employees.

The Research Triangle Park drives Raleigh-Durham’s thriving economy.

It is projected that over the next fifteen years, employment will increase

by 67%, total earnings by 48%, personal income by 46% and total retail

sales by 41%.

The Research Triangle Park is home to an outstanding, credit-

worthy roster of tenants, anchored by its proximity to three world

class universities and the region’s most accessible transportation

infrastructure. NetEdge Systems, Cisco Systems, Covance, Biogen,

Ericsson, Eisai Pharmatechnology, Inc. of Japan, and Bekaert Corp.

of Belgium call RTP home. Furthermore, the Research Triangle Park

is home to the Environmental Protection Agency’s largest facility

outside of Washington, DC – a 1.1 million SF model of “green building”

– one of the largest in the world.

Other major employers in the Research Triangle Park include IBM,

GlaxoSmithKline, DuPont, BASF, Fidelity, Credit Suisse, Becton

Dickinson and Rhone Poulenc.

KEY CORPORATE ANCHORS

Page 14: DURHAM, NORTH CAROLINA€¦ · 2501 e. cornwallis road durham, north carolina. ad. downtown durham. 10 minutes | 7.0 miles. rdu international airport. 11 minutes | 8.7 miles. part

2501 E. CORNWALLIS ROAD | 14Part of the CBRE affiliate network

The Raleigh-Durham market is a stable place to do business, with low costs, a low-tax structure, and pro-business regulatory environment. Construction costs, electric rates, overall taxes, and our cost of living are all below the national average. The Raleigh-Durham business costs fall 18 percent below the national average. Additionally, the state of North Carolina, along with Wake County and the city of Raleigh, have each secured a AAA bond rating for the last 50 years, making North Carolina one of only 10 states to earn this rating. Raleigh-Durham’s competitive business climate has helped attract employers looking to relocate their operations away from rising rent in other major metros and has helped existing companies grow and thrive. While rents are ever-rising in tech hotspots like Silicon Valley, talent continues to move to new growth markets like the Raleigh metro, which can support lifestyles equally as well for a much lower cost.

Raleigh-Durham NC US

POPULATION

2018 (Estimated) 1,936,917 10,455,604 330,088,686

2023 (Projected) 2,140,590 11,061,202 343,954,683

2010 Census 1,634,847 9,535,483 308,745,538

Growth 2010-2018 2.08% 1.12% 0.81%

Growth 2018-2023 (Projected) 2.02% 1.13% 0.83%

HOUSEHOLDS

2018 (Estimated) 743,759 4,087,430 124,110,001

2023 (Projected) 820,236 4,317,068 129,076,036

2010 Census 633,053 3,745,155 116,716,292

Growth 2010-2018 1.97% 1.07% 0.75%

Growth 2018-2023 (Projected) 1.98% 1.10% 0.79%

AVERAGE HOUSEHOLD INCOME $90,262 $72,420 $83,694

Page 15: DURHAM, NORTH CAROLINA€¦ · 2501 e. cornwallis road durham, north carolina. ad. downtown durham. 10 minutes | 7.0 miles. rdu international airport. 11 minutes | 8.7 miles. part

2501 E. CORNWALLIS ROAD | 15Part of the CBRE affiliate network

The Key Economic Driver: The Research Triangle Park

• 7,000 acres

• Largest research park in the United States

• 170+ companies

• Approximate employment of 39,000 full time and 10,000 contract employees

• 22.5 million square feet of office and research space

• 1,800 start-up companies created since 1970

• Capital investment exceeds $2.8 billion

• Total payroll estimated at $2.7 billion

Employer # of Employees Industry

IBM 10,000 IT

Cicso System 5,000 IT/Computer Networking

Fedelity Investments 3,100 Financial services

GSK 3,000 Healthcare

Credit Suisse 1,800 Financial services

Net App 1,500 Storage & Data Management

Biogen 1,300 Biotechnology

RTI International 1,293 Contract Research

U.S. EPA 1,200 R&D

BASF Corp Agriculture Products 1,000 Agricultural technology

Bayer Crop Science 1,000 Agri-biotech

N.I.E.H.S. 1,000 Federal Government

Lenovo 1,000 IT, Computers, Servers

DellEMC 700 IT

Grifols 500 Bioscience

Fuji Diosynth 415 Biotechnolgy

Syngenta Crop Protection 400 Plant Biotechnology

United Therapeutics 313 Biotech

Unitedwriters Laboratories 300 Safety Science

BD 262 Health Diagnostics

DuPont 240 Solar, Electronics, Printing

RTP Major Employers

• More than 60% of RTP companies are comprised of fewer than 10 employees

• The small employer trend is expected to continue

RTP Employer Demographics

o More than 60% of RTP companies are comprised of fewer than 10 employees

o The small employer trend is expected to continue

04. Research

GenslerPARK POINT VISIONING REPORT [2017.05.25]

264+ research companies, including more than 65 start-ups46,000+ high-tech workers

Founded in 1959

Foundation of NC

Industry Profile of RTP

RTP Companies By Size

Jordan Lake

Raleigh-DurhamInternational Airport

DUKE

UNC

Falls LakeD�����

T��R�������T������� P���

R������

C����� H���

NCSU

70

70

15

15

64

64

1

1

401

501

40

40

40

40

85 85

540

540440

54

54

50

55

147

540

S

M

S

S

S

M

M

S

S

S

S

S

S

S

S

S

S

S

L

S

S

M

M

S

S

M

S

S

S

L

S

S

S

S

S

S

S

S

M

S

S

25 Pharm-Olam International S

44 Pine Labs S

25 PrecisionHawk S

37 Premex S

31 Premier Research S

37 Purple Goldfish Think Tank S

29 QPS Hepatic Bioscience S

37 Raleigh Roots LLC S

27Research Triangle Foundation of

North CarolinaS

46 Research Triangle High School S

37 Reviewgo S

28 RTI International L

29 RTP Capital Associates, Inc. S

37 RTP Federal Credit Union S

34 Schulman IRB S

29 SciKon Innovation, Inc. S

29 Sciome, LLC S

29 ScitoVation LLC S

37 Seven Soft, Inc. S

47Sigma Xi, The Scientific

Research SocietyM

30 SiNON Therapeutics S

29 Sirga Advanced Biopharma, Inc. S

30Society of Biomolecular

Imaging and InformaticsS

29 SonoVol S

37 Sotomayor IP Consulting, Ltd. S

44 Southcot, Inc. S

37 SpecLine Consulting, Inc. S

9 Stiefel, a GSK Company M

37 StrataBuilt S

44 Symmetry Biosciences S

33 Syngenta Biotechnology, Inc. L

44 Synnovator, Inc. S

16 T3D Therapeutics Inc. S

10 TEM Systems, Inc. S

37 Tetra Tech, Inc. S

29 TransCirrus S

37 Triangle ArtWorks S

37 Triangle Community Foundation S

30 Triangle Research Laboratories, LLC S

37 Triangle Research Libraries Network S

37 Triangle Ultimate S

29 Trio Labs, Inc. S

14 Troxler Electronic Laboratories, Inc. S

18A United Therapeutics Corporation L

4The University of North Carolina

Center for Public TelevisionM

11USDA Forest Service

Southern Research StationS

7 Vacon, Inc. S

22 Vascular Pharmaceuticals, Inc. S

3 ViiV Healthcare S

44 Vijaya Pharmaceuticals LLC S

29 Vindrauga Holdings, LLC S

29 ViraSource S

29 ViraTree S

37 Wells Fargo S

29 WhiteSpace Health, Inc. S

18 Wolfspeed L

62 XinRay Systems Inc. S

62 Xintek, Inc. S

29 XONA Microfluidics, LLC S

47 Zen-Bio, Inc. S

44 Zy Therapeutics, Inc. S

S Under 50 employees

M 50 - 249 employees

L 250 or more employees

COMPANY SIZE KEY

4 5 %4 5 %4 5 %4 5 %4 5 %4 5 %4 5 %4 5 %4 5 %4 5 %4 5 %4 5 %4 5 %4 5 %4 5 %4 5 %4 5 %4 5 %4 5 %

1 7 %1 7 %1 7 %1 7 %1 7 %1 7 %

1 1 %1 1 %1 1 %1 1 %1 1 %

3 %3 %3 %3 %3 %3 %

2 %2 %2 %2 %2 %2 %

2 %2 %2 %2 %

9 %9 %9 %9 %9 %9 %9 %9 %9 %

7 %7 %7 %7 %

5 %5 %5 %5 %5 %5 %5 %5 %5 %5 %5 %5 %5 %

Biotech & Life Sciences

Information Technology

Business & Prof. Services

Clean & Green Tech

Education

Financial Services & Tech

Foundations, Institutes &

Instruments & Materials

Service Providers

1 - 9 Employees

10 - 24 Employees

25 - 49 Employees

50 - 99 Employees

100 - 249 Employees

250 - 999 Employees

1,000 - 4,999 Employees

5,000+ Employees

6 46 46 46 46 46 46 46 46 46 46 46 4 %6 46 46 46 46 46 46 46 46 46 46 46 46 46 46 4 %%%%%%%%%%%%%%%6 46 46 4 %6 46 46 46 46 46 4 %%%%%

1 31 31 31 3 %1 31 31 31 31 31 31 31 3 %%%%%%%

4 %4 %4 %4 %4 %4 %4 %4 %4 %4 %4 %4 %4 %4 %4 %4 %

6 %6 %6 %6 %6 %6 %6 %6 %6 %6 %6 %6 %6 %6 %6 %6 %6 %6 %6 %6 %6 %6 %

4 %4 %4 %4 %4 %4 %4 %4 %4 %4 %4 %4 %4 %4 %4 %

4 %4 %4 %4 %4 %4 %4 %4 %4 %4 %4 %4 %4 %4 %4 %4 %4 %4 %4 %4 %4 %

4 %4 %4 %4 %4 %4 %4 %4 %4 %4 %4 %4 %4 %4 %4 %4 %4 %

1 %1 %1 %1 %1 %1 %1 %1 %1 %1 %1 %1 %1 %1 %1 %1 %1 %1 %1 %

Diagnostics

Other Biotechnology and Life Sciences

Business and Professional Services

Clean and Green Technologies

Financial and Insurance Activities

Foundations, Institutes, Education

Information Technology

Instruments and Advanced Materials

Service Providers

RTP Employer Demographics

o More than 60% of RTP companies are comprised of fewer than 10 employees

o The small employer trend is expected to continue

04. Research

GenslerPARK POINT VISIONING REPORT [2017.05.25]

264+ research companies, including more than 65 start-ups46,000+ high-tech workers

Founded in 1959

Foundation of NC

Industry Profile of RTP

RTP Companies By Size

Jordan Lake

Raleigh-DurhamInternational Airport

DUKE

UNC

Falls LakeD�����

T��R�������T������� P���

R������

C����� H���

NCSU

70

70

15

15

64

64

1

1

401

501

40

40

40

40

85 85

540

540440

54

54

50

55

147

540

S

M

S

S

S

M

M

S

S

S

S

S

S

S

S

S

S

S

L

S

S

M

M

S

S

M

S

S

S

L

S

S

S

S

S

S

S

S

M

S

S

25 Pharm-Olam International S

44 Pine Labs S

25 PrecisionHawk S

37 Premex S

31 Premier Research S

37 Purple Goldfish Think Tank S

29 QPS Hepatic Bioscience S

37 Raleigh Roots LLC S

27Research Triangle Foundation of

North CarolinaS

46 Research Triangle High School S

37 Reviewgo S

28 RTI International L

29 RTP Capital Associates, Inc. S

37 RTP Federal Credit Union S

34 Schulman IRB S

29 SciKon Innovation, Inc. S

29 Sciome, LLC S

29 ScitoVation LLC S

37 Seven Soft, Inc. S

47Sigma Xi, The Scientific

Research SocietyM

30 SiNON Therapeutics S

29 Sirga Advanced Biopharma, Inc. S

30Society of Biomolecular

Imaging and InformaticsS

29 SonoVol S

37 Sotomayor IP Consulting, Ltd. S

44 Southcot, Inc. S

37 SpecLine Consulting, Inc. S

9 Stiefel, a GSK Company M

37 StrataBuilt S

44 Symmetry Biosciences S

33 Syngenta Biotechnology, Inc. L

44 Synnovator, Inc. S

16 T3D Therapeutics Inc. S

10 TEM Systems, Inc. S

37 Tetra Tech, Inc. S

29 TransCirrus S

37 Triangle ArtWorks S

37 Triangle Community Foundation S

30 Triangle Research Laboratories, LLC S

37 Triangle Research Libraries Network S

37 Triangle Ultimate S

29 Trio Labs, Inc. S

14 Troxler Electronic Laboratories, Inc. S

18A United Therapeutics Corporation L

4The University of North Carolina

Center for Public TelevisionM

11USDA Forest Service

Southern Research StationS

7 Vacon, Inc. S

22 Vascular Pharmaceuticals, Inc. S

3 ViiV Healthcare S

44 Vijaya Pharmaceuticals LLC S

29 Vindrauga Holdings, LLC S

29 ViraSource S

29 ViraTree S

37 Wells Fargo S

29 WhiteSpace Health, Inc. S

18 Wolfspeed L

62 XinRay Systems Inc. S

62 Xintek, Inc. S

29 XONA Microfluidics, LLC S

47 Zen-Bio, Inc. S

44 Zy Therapeutics, Inc. S

S Under 50 employees

M 50 - 249 employees

L 250 or more employees

COMPANY SIZE KEY

4 5 %4 5 %4 5 %4 5 %4 5 %4 5 %4 5 %4 5 %4 5 %4 5 %4 5 %4 5 %4 5 %4 5 %4 5 %4 5 %4 5 %4 5 %4 5 %

1 7 %1 7 %1 7 %1 7 %1 7 %1 7 %

1 1 %1 1 %1 1 %1 1 %1 1 %

3 %3 %3 %3 %3 %3 %

2 %2 %2 %2 %2 %2 %

2 %2 %2 %2 %

9 %9 %9 %9 %9 %9 %9 %9 %9 %

7 %7 %7 %7 %

5 %5 %5 %5 %5 %5 %5 %5 %5 %5 %5 %5 %5 %

Biotech & Life Sciences

Information Technology

Business & Prof. Services

Clean & Green Tech

Education

Financial Services & Tech

Foundations, Institutes &

Instruments & Materials

Service Providers

1 - 9 Employees

10 - 24 Employees

25 - 49 Employees

50 - 99 Employees

100 - 249 Employees

250 - 999 Employees

1,000 - 4,999 Employees

5,000+ Employees

6 46 46 46 46 46 46 46 46 46 46 46 4 %6 46 46 46 46 46 46 46 46 46 46 46 46 46 46 4 %%%%%%%%%%%%%%%6 46 46 4 %6 46 46 46 46 46 4 %%%%%

1 31 31 31 3 %1 31 31 31 31 31 31 31 3 %%%%%%%

4 %4 %4 %4 %4 %4 %4 %4 %4 %4 %4 %4 %4 %4 %4 %4 %

6 %6 %6 %6 %6 %6 %6 %6 %6 %6 %6 %6 %6 %6 %6 %6 %6 %6 %6 %6 %6 %6 %

4 %4 %4 %4 %4 %4 %4 %4 %4 %4 %4 %4 %4 %4 %4 %

4 %4 %4 %4 %4 %4 %4 %4 %4 %4 %4 %4 %4 %4 %4 %4 %4 %4 %4 %4 %4 %

4 %4 %4 %4 %4 %4 %4 %4 %4 %4 %4 %4 %4 %4 %4 %4 %4 %

1 %1 %1 %1 %1 %1 %1 %1 %1 %1 %1 %1 %1 %1 %1 %1 %1 %1 %1 %

Diagnostics

Other Biotechnology and Life Sciences

Business and Professional Services

Clean and Green Technologies

Financial and Insurance Activities

Foundations, Institutes, Education

Information Technology

Instruments and Advanced Materials

Service Providers

Employer Demographics

Page 16: DURHAM, NORTH CAROLINA€¦ · 2501 e. cornwallis road durham, north carolina. ad. downtown durham. 10 minutes | 7.0 miles. rdu international airport. 11 minutes | 8.7 miles. part

2501 E. CORNWALLIS ROADDURHAM, NORTH CAROLINA

CHESTER F. ALLEN, CCIMExecutive Vice President+1 919 831 [email protected]

BARRY J. BOWLING, CCIMSenior Vice President+1 919 831 [email protected]

FOR MORE INFORMATION, PLEASE CONTACT:

Part of the CBRE affiliate network

555 Fayetteville Street, Suite 800 | Raleigh, NC | 27601 | T 919.831.8200 | F 888.827.5777