INNOVATION I

A four (4)-story, state-of-the art, Class A office building located in the highly desirable RTP / I-40 Corridor submarket. The Property is anchored by publicly traded (NASDAQ: BIIB) and Investment Grade rated (S&P: A-, Moody’s: Baa1) Biogen, Inc., one of the world’s first global biotechnology companies that is focused on developing research and drugs to treat multiple sclerosis, Alzheimer’s disease, Parkinson’s disease and amyotrophic lateral sclerosis (ALS).
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Constructed in 2020, the new office building is comprised of 144,000 square feet and offers 9- and 10-ft ceiling heights, spacious 36,000 square foot floor plates, and plenty of surface parking (5.4 spaces per 1,000 sf). The Property is located in the Imperial Center, a leading mixed-use business park that benefits from its connections to major roadways I-40 and I-540, and its proximity to RDU airport. It is also located adjacent to Perimeter Park and minutes from the Research Triangle Park. Considered a great location to work, the park spans 450 acres with retail, restaurants, hotels, office space, medical center, industrial and flex space.

​​​​​​​The property offers a steady cash flow yield to investors for a hold period of 5 years.