Mercalis Renews Raleigh-Area HQ Lease

Mercalis, a life sciences and pharmaceutical commercialization service provider, has renewed its full-building lease at 2250 Perimeter Park Drive, a 78,588-square-foot office property in Morrisville, N.C. The company, which has been a tenant at the Class A office since 2015, signed a 10-year lease extension with Mapletree US Income Trust.

Trinity Partners Director Alex Dunn and Managing Partner William Allen worked on behalf of the landlord, while Lee and Associates Managing Director Brian Farmer and Vice President Marlene Spritzer represented the tenant.

The three-story building is part of Perimeter Park, a master-planned development. In 2020, the owner acquired the eight-building office campus for $159.1 million from Goldman Sachs Asset Management, CommercialEdge data shows. After the acquisition, the firm developed four new buildings within the park totaling 766,000 square feet. Plans call for the addition of 300,000 square feet of office space.

The LEED-certified property features floorplates averaging about 37,750 square feet, two passenger elevators and roughly 430 parking spaces. Other amenities at the park include two fitness centers, a conference center, 7 miles of walking trails and EV charging stations, along with a tenant lounge and a café.

Completed in 2008, the building is within 3 miles of Raleigh-Durham International Airport and 14 miles from downtown Raleigh. 2250 Perimeter Park Drive is also 5 miles from the IBM 500 Campus, a four-building property that traded last year.