DRA Advisors Acquires Forty540 II Office Building In Morrisville NC For $45.5M

DRA Advisors acquired the 198,424-square-foot office property located at 710 Slater Road in Morrisville, NC, for $45.5 million. The property, known as Forty540 II, is predominantly leased, with 94.6% of its space occupied by Renesas Electronics, reflecting a price per square foot of $229.31.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $45,500,000
• Buyer: DRA Advisors
• Seller: FCP
• Sale Date: 02/05/2026
• Square Footage: 198,424
• Price Per Square Foot: $229
• Leased Percentage: 94.6%

This transaction marks DRA Advisors' second acquisition in the Triangle area in 2026, following their earlier purchase of the Crestline Cary apartments in Cary, NC, for $60.85 million, showcasing their continued investment strategy in the region.