100-Acre Adaptive Re-Use Creative Office and Life Science ...

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developed by 100-Acre Adaptive Re-Use Creative Office and Life Science Campus 4001 NC HWY 54, RTP, NC PARKPOINTRTP.COM

Transcript of 100-Acre Adaptive Re-Use Creative Office and Life Science ...

developed by

100-Acre Adaptive Re-Use Creative Office and Life Science Campus

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With nearly $210 million in capital improvements, Park Point’s transformation to the Triangle’s

cutting-edge creative office and life science campus is complete. The reimagined adaptive re-use of the

100-acre campus brings a dynamic and invigorating element to Research Triangle Park, inspiring

visionary ideas for the future.

P A R K P O I N T

J E F F S H E E H A N Partner, Trinity Capital Advisors

We’ve created a unique environment that was missing in our market. Users across the country are eager for engaging, creative workspace. Everything from the look and feel of the design and finishes to the tenant amenities and park connectivity feels different from typical office or lab space”

R E A D Y F O R O C C U PA N C Y

Location.T H E

R D U I N T ’ L A I R P O R T

S MIAMI BLVD

M O R R I S V I L L E | C A R Y

E A S T F A C I N G

N

R A L E I G H

D I S TA N C E T O

RDU Int ’ l Airport 5.2 miDowntown Durham 9.7 miDowntown Raleigh 16 mi

Morrisvi l le | Cary 3.2 mi

D O W N T O W ND U R H A M

Location.T H E

HOPSON RD

S. MIAMI BLVD

DAVIS DR

H U B R T P B O X YA R D R T P

N

W E S T F A C I N G

M O R R I S V I L L E

D I S TA N C E T O

RDU Int ’ l Airport 5.2 miDowntown Durham 9.7 miDowntown Raleigh 16 mi

HUB RTP + Front ier RTP 1.3 mi

D O W N T O W ND U R H A M

R D U I N T ’ LA I R P O R T

D O W N T O W NR A L E I G H

Park Point is a workplace oasis, offering inspiring creative office and life science space with a focus on collaboration and fostering community through its highly-amenitized campus that includes athletic fields, walking trails, on-site food service, state-of-the-art fitness center, conference and training center, and over 30,000 sf of indoor and outdoor gathering areas.

Campus.T H E

Campus.T H E

Discover a campus alive with unstoppable energy, where the world’s top thinkers gather on fertile ground to question, to challenge, and to experience. Here, we bring the best together —

work and wellness, tech and nature, focus and inspiration — we create the ideal environment so you can discover the next game-changing idea.

M A I N S T R E E T — A N O P E N - A I R B R E E Z E W AY A N D C O L L A B O R AT I O N Z O N E

S K Y L I G H T S B R I N G I N N AT U R A L L I G H T

B R A I N S T O R M I N G D E C K

T H E YA R D — A G AT H E R I N G P L A C E F O R F O O D T R U C K S , S P E C I A L E V E N T S + TA K I N G W O R K O U T S I D E

Do Your Best Work.A P L A C E T O

Park Point’s campus is a hub for activity—where you’ll find everything you need for your day to day, as well as a community of like-minded thinkers to connect to the people and ideas around you.

Innovate.A P L A C E T O

I M A G I N E

I N S P I R E

C O L L A B O R A T E

D I S C O V E R

C O N N E C T

C R E A T E

Find Your Balance.A P L A C E T O

Park Point’s natural setting is an escape from the urban

hustle, where work and wellness become one—it’s a

place where you can focus, be inspired, and be productive.

Conveniently Connected.A P L A C E T O K E E P Y O U

Nestled in Research Triangle Park and central to the area’s

top three universities, Park Point is highly-connected to the area’s best and brightest

and well-positioned to tap the local talent pipeline. Just

minutes from vibrant downtown Durham, its convenient

location, nearby amenities, accessibility, and connectivity

are unparalleled.

Founded in 1959, RTP is the largest research park in the United States and a premier global innovation

center. Its 7,000 acres house hundreds of companies, including science and technology firms, government

agencies, academic institutions, startups and nonprofits. A community of dreamers, believers,

planners, and creators — thriving on collaboration and the joy of discovery.

Research Triangle Park.

LARGEST RESEARCH PARK IN THE COUNTRY

PATENTS AWARDED TO

RTP BUSINESSES

INTELLIGENT & CREATIVE

PEOPLE

BUSINESSES OF ALL SIZES CALL

RTP HOME

R E S E A R C H T R I A N G L E

P A R K

R T P

RTP.ORG

W I T H I N 3 M I N U T E S O R L E S S

Amenities.N E A R B Y

With Park Point’s amenity-driven campus, and convenient location, whether you are

enjoying a bite at our on-site café, having lunch at Mez, or grabbing a beer after work

at Boxyard’s Fullsteam Brewery — you are mere steps, or just a short drive away from

everything you need.

BLVD RTPBoxyard RTPBruegger’s BagelsChipotleCurry Point Express & SubwayDharani South Indian CuisineFirehouse SubsFusion FitnessGreek Cuisine, Randy’s Pizza, Societa, & Tropical Smoothie CafeGusto Farm to Street Hub RTPJimmy John’s & StarbucksMcDonalds, Arby’s, & Bojangle’sMez Contemporary MexicanNeo JapanOffice DepotPage Road GrillPanera BreadSingas PizzaWalmart SupercenterZaxby’s

SELECT RESTAURANTS / RETAIL

DoubleTree by HiltonExtended Stay AmericaHilton Garden InnHoliday Inn ExpressHomewood SuitesHotel IndigoHub RTPMarriott at RTP

HOTELS

Bank of AmericaBB&TRTP Federal Credit UnionSECUWells Fargo

BANKS

Amenities.N E A R B Y

198,000 RSF TOTAL

102,296 RSF TOTALFULLY LEASED

FULLY LEASED

149,000 RSF TOTALTHREE LEVELS

50,737 RSF AVAILABLELEVEL 3 (ENTIRE TOP LEVEL)

27,509 RSF TOTALFULLY LEASED

LOWER LEVEL AVAILABILITY

TOP LEVEL AVAILABILITY

188,000 RSF TOTALTWO LEVELS

31,529 RSF AVAILABLELEVEL 1 (LOWER LEVEL)

F I T N E S S C E N T E R W I T H L O C K E R R O O M S & S H O W E R S

AT H L E T I C F I E L D S

A M P L E PA R K I N G

W A L K I N G T R A I L S

» 30,000 SF of indoor/outdoor gathering and collaboration space

» Conference/training/classroom space

» Additional development parcels available for on-site expansion up to 1 million SF

O T H E R A M E N I T I E S I N C L U D E

E D G E ( W E S T )

G R I D ( W E S T )

A S S E M B LY

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C A F E

B LV D W E S T C A F É

M E E T I N G , C O L L A B O R AT I O N , A N D E V E N T S PA C E

H U B F O R I M P R O M P T U M E E T I N G S , L U N C H + M O R E

G AT H E R I N G S P O T F O R F O O D T R U C K S , A N D S P E C I A L E V E N T S

T H EYA R D

T H ES Q U A R E

G R I D ( E A S T )

T H E T R A N S F E R

T H E AT R I U MT H E AV E N U E

E D G E ( E A S T )

S PA C E A V A I L A B L E F R O M 2 0 , 0 0 0 S F T O 8 2 , 2 6 6 S F

Site Plan.Site Plan.8 2 , 2 6 6 S F A V A I L A B L E

EDGE EAST1ST FLOOR, 31,529 RSF AVAILABLE

EDGE WESTENTIRE TOP FLOOR, 50,737 RSF AVAILABLE

THE

ATR

IUM

THE TRANSFER

Stacking Plan.A V A I L A B L E S PA C E I N E D G E W E S T A N D E D G E E A S T

Single-Story Property Summary

Park Point will be home to a community of innovation for industries ranging from life science to high-tech, and beyond. Tenants will enjoy the park-like campus, copious natural light from the numerous skylights throughout, and abundance of on-site, walkable, and nearby amenities. Both Assembly and Grid tenants can utilize amenities at The Yard, The Square, the café and fitness center, and the walkability to other areas of the campus via both Main Street and The Avenue, including trails surrounding the campus.

Life Science Total 324,000 RSF | Fully Leased

HVAC*New high-efficiency packaged rooftop units installed as part of renovation. Specific exterior zones have been identified to accomodate supplemental or custom tenant infrastructure needs

Electrical* Ten (10) points of electrical delivery to the entire campus with five (5) points dedicated to the single-story section; South east corner 1500 KVA , 2500 KVA, east side 2000 KVA, 1500 KVA, west side 2500 KVA

Generator* Opportunities to install tenant specific infrastructure on exterior pads or on roof

Fire and Life Safety Fully sprinklered with new code compliant fire panels throughout

Dock Height Loading Doors

Grid (East) building features two (2) 8’ x 10’ dock height loading doors. Assembly building features three (3) 8’ x 10’ dock height loading doors. Access and turning radius for both are designed to accommodate a WB50 truck

Clear Height Grid (East) and (West) buildings — 19’

Column Spacing 30’ by 40’

Foundation 6” reinforced concrete slab on grade

* Life Science space designed to accommodate custom infrastructure to meet the specific needs of each tenant

Life Science.T H E D E TA I L S

N O . 1Largest Research Park in the Country

6 0 0Life Science companies call the Research Triangle region home

Park Point offers a variety of creative office + lab opportunities with flexible floor plates, floor-to-ceiling glass offering ample

light and tree-lined views, modern and unique finishes, not to mention the near front door access to The Transfer, The Atrium, Fitness Center, Café, and The Square. At the Edge

buildings at Park Point, you can easily find a nearby spot to take work off our desk — and

into one of our numerous collaboration zones just steps away, and throughout the park.

Creative Office + Lab.T H E D E TA I L S

Office/Lab Total 328,000 RSF | Available 82,266 RSF

Total Floors Edge West building — 3 levels | Edge East building — 2 levels

Floor Plates Edge West building — ± 50,737 RSF (office only)Edge East building — ± 31,529 RSF (office and/or lab)

Parking 5:1000

Ceiling Height 14’, deck to deck height

Exterior Wall New curtain wall glazing system and existing pre-cast panels

Column Spacing 30’ by 30’

Structural Steel frame structure; elevated concrete floors over corrugated deck

Access Multiple options for tenant access and lobbies in both Edge East and Edge West buildings and The Atrium

Security 24-hour security staff with camera monitoring system and key card access to tenant suites

Life Safety Fully sprinklered with new code compliant fire panels

Tenant Electrical Load Capacity Four watts/sf for tenant use and one watt/sf for tenant lighting

Cooling Source New packaged roof mounted variable air volume (VAV) conditioning system

Exterior Signage & Branding

Opportunities for building signage including frontage on I-40; additional opportunity for property monument signage on NC-54

Loading Doors One dock high door in Edge East

Exterior Equipment Yard Available for Edge East

Multi-Story Property Summary

J E F F S H E E H A N Partner 919.415.4408 [email protected]

A B O U T T R I N I T Y C A P I T A L

Trinity Capital Advisors focuses on the acquisition and development of institutional quality commercial real estate in the southeastern United States. The firm has invested over $3.1 billion acquiring and developing over 21 million square feet of the most successful workplace real estate projects in North Carolina, South Carolina, Georgia, Virginia, Tennessee, and Florida, including CBD office towers, industrial portfolios, suburban office parks, and mixed use developments. Investments are capitalized through various Trinity Capital investment vehicles and partnerships with some of the country’s top institutional investors.

D E V E L O P E R :O F F I C E L E A S I N G :

W I L L I A M A L L E N Partner, Office Leasing 919.415.4390 | [email protected]

TRINITY-PARTNERS.COM

L I F E S C I E N C E L E A S I N G :

D O U G C O O K Senior Director 919.789.4255 | [email protected]

CUSHMAN WAKEFIELD.COM

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PARKPOINTRDU.COM

T Y S O N S T R U T Z E N B E R G Director, Asset Management 310.405.4367 [email protected]