3900 Paramount Parkway | Raleigh Single Tenant Net Lease Opportunity

Jones Lang LaSalle Americas, Inc. (“JLL”) has been retained as the exclusive sale representative for 3900 Paramount Pkwy (the “Property”), a single tenant office asset in Raleigh-Durham. Measuring 219,812 square feet, the offering is fully leased to PPD Development L.P, a subsidiary of Thermo Fisher Scientific Inc. (NYSE: TMO; S&P: A-) and guarantor of the lease, through November 2033.

Conveniently located at the intersection of I-40 and I-540 in the Perimeter Park business park, the Property allows for easy access to the Raleigh-Durham International Airport and greater MSA. The submarket is home to a number of Fortune 500 companies including Microsoft, Oracle, Apple, Lenovo, and more, and has historically been the region’s most coveted corporate office location. The Property is positioned adjacent to the world-renowned Research Triangle Park (“RTP”), the largest dedicated scientific research park in the United States and a primary economic driver for the region.

3900 Paramount Pkwy offers investors an opportunity to acquire a Class A office asset located in one of the country’s fastest growing markets, combined with the security of a long-term lease to an investment grade tenant.