World Trade Park

Property Overview

Foundry Commercial is pleased to present the opportunity to acquire World Trade Park, a newly constructed, ±57,000 SF Class A industrial/R&D facility (the “Property”), located in the Research Triangle Park submarket. The property is newly constructed and state-of-the-art with the infrastructure capable of handling Raleigh’s life science and R&D tenant base.

The tenant Kyrocal LLC (dba Kryosphere) offers full service biorepository solutions by providing medical grade cold storage, providing critical infrastructure to the surrounding R&D users. They recently signed a 12-year net lease and have invested over $5M into the build out with an additional $5M investment in their cooler/freezer equipment, demonstrating their commitment to the location.

This is an incredible opportunity for investors to acquire a fully stabilized highly versatile property with a long-term credit tenant and strong cash flows, in one of the most sought-after markets in the county.

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