facebook
Traded Co logo
Submit
Daily limit: 0/10

OlivePoint Capital Acquires Office Building In Morrisville For $33M From W.P. Carey Inc

Property Image
SOLD
$33,000,000
Ryan Clutter
Daniel "Dan" Flynn
CJ Liuzzo

North Carolina

See Similar Deals
Office224,850 SF
Sold 11/26/2025
the dealplayerscompscontact
Property Image
SOLD

OlivePoint Capital Acquires Office Building In Morrisville For $33M From W.P. Carey Inc

3900 Paramount Parkway

See Similar Deals
Office224,850 SF
Sold 11/26/2025
Ryan Clutter
Daniel "Dan" Flynn
CJ Liuzzo
the dealplayerscompscontact
Contact now

Summary

NORTH CAROLINA
Asset Type:Office
Price Per Square Foot:$146
Total Square Footage:224,850 SF
Transaction Type:Sale

The asset involved in the transaction is an office building located at 3900 Paramount Parkway in Morrisville, NC. This property was sold for $33,000,000, covering a total area of 224,850 square feet, which translates to a price per square foot of $147.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $33,000,000
  • Buyer: OlivePoint Capital
  • Seller: W.P. Carey Inc
  • Brokers: Daniel Flynn, Ryan Clutter & CJ Liuzzo - JLL
  • Market: Morrisville, NC
  • Sale Date: 11/26/2025
  • Previous Purchase Price: $52,350,000
  • Price Reduction: 37%

OlivePoint Capital acquired the property while it was fully leased. The transaction was facilitated by brokers Daniel Flynn, Ryan Clutter, and CJ Liuzzo from JLL, representing the involved parties in the deal.

Players

Daniel "Dan" Flynn
JLL
Daniel Flynn
4 deals$415.7M volume
BROKER
Ryan Clutter
JLL
Ryan Clutter
8 deals$763.5M volume
BROKER
CJ Liuzzo
JLL
CJ Liuzzo
3 deals$125.8M volume(919) 608-1830
BROKER
JLL
JLL
BROKERAGE

Details

SOLD
IMAGE: 11/26/2025 ADDRESS: 3900 Paramount Parkway MARKET: Morrisville, NC ASSET TYPE: Office BUYER: OlivePoint Capital SELLER: W.P. Carey Inc BROKERS: Daniel Flynn, Ryan Clutter & CJ Liuzzo - JLL SALE PRICE: $33,000,000 SF: 224,850 ~ PPSF: $147 NOTE: Olive Point Capital bought a fully leased Morrisville office building at 3900 Paramount Parkway for $33M, 37% below W.P. Carey’s 2019 purchase price of $52.35M.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$1,759,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$117,242.04
Cash-on-Cash Return-1.27%
Monthly Debt Service$156,436.84
Annual Debt Service$1,877,242.03