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Fortress Investment Group Acquires Life Sciences Campus In Morrisville For $226.5M From Trinity Capital Advisors

Property Image
SOLD
$226,500,000

North Carolina

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Life Sciences4,500,000 SF
Sold 01/08/2026
the dealdetailscomps
Property Image
SOLD

Fortress Investment Group Acquires Life Sciences Campus In Morrisville For $226.5M From Trinity Capital Advisors

440 Spark View Drive, 549 Spark View Drive & 4773 Mc Crimmon Parkway

See Similar Deals
Life Sciences4,500,000 SF
Sold 01/08/2026
the dealdetailscomps

Summary

NORTH CAROLINA
Asset Type:Life Sciences
Price Per Square Foot:$50
Total Square Footage:4,500,000 SF
Transaction Type:Sale

A life sciences asset located at 440 & 549 Spark View Drive and 4773, 4825, 4921 & 4965 McCrimmon Parkway in Morrisville, NC has been sold for $226,500,000. The property encompasses a total area of 1,500,000 square feet, with a price per square foot of $151.

Summary of transaction details:

  • Property Type: Life Sciences
  • Transaction Amount: $226,500,000
  • Buyer: Drew McKnight & Jack Neumark - Fortress Investment Group
  • Seller: Trinity Capital Advisors
  • Financing: $111.1 million loan from Bank of America

This transaction highlights the involvement of Fortress Investment Group, represented by Drew McKnight and Jack Neumark, who acquired the life sciences campus from Trinity Capital Advisors. The property utilized a significant financing option from Bank of America for the transaction.

Players

Fortress Investment Group
Fortress Investment Group
BUYER

Details

SOLD
IMAGE: 01/08/2026 ADDRESS: 440 & 549 Spark View Drive; 4773, 4825, 4921 & 4965 McCrimmon Parkway MARKET: Morrisville, NC ASSET TYPE: Life Sciences BUYER: Drew McKnight & Jack Neumark - Fortress Investment Group SELLER: Trinity Capital Advisors SALE PRICE: $226,500,000 SF: 1,500,000 ~ PPSF: $151 NOTE: Fortress Investment Group paid $226.5M ($151/sf) for the 1.5M-sf Sparks LS life-sciences campus in Morrisville, N.C., using a $111.1M Bank of America loan.

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