FCP, SCP Sell Office Building in Research Triangle Park for $58.1M

by Alex Tostado

MORRISVILLE, N.C. — FCP and Strategic Capital Partners (SCP) have sold Forty540, a 200,000-square-foot, five-story office building in Morrisville. The asset is located at 3030 Slater Road in the Research Triangle Park district. The joint venture acquired the site in November 2015 and delivered the office building in 2017. It was fully leased at the time of the sale. Brad Corsmeier and Ed Pulliam of CBRE | Raleigh represented the sellers in the transaction. Jason High and Ham Southworth also of CBRE | Raleigh represented the undisclosed buyer.

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