Research Triangle Park's tenant base is anchored by tech (apple, cisco, ibm), pharma (merck, eli lilly), biotech (fujifilm diosynth).

  • Tier: trophy.
  • Tenant character: The historic life-sciences and tech anchor.
  • Average rent: $38/sqft/yr.

Research Triangle Park, Raleigh-Durham tenant profile

Research Triangle Park's tenant base is anchored by tech (apple, cisco, ibm), pharma (merck, eli lilly), biotech (fujifilm diosynth).

TL;DR

  • Tier: trophy.
  • Tenant character: The historic life-sciences and tech anchor.
  • Average rent: $38/sqft/yr.

Who clusters here

Tech (Apple, Cisco, IBM), pharma (Merck, Eli Lilly), biotech (Fujifilm Diosynth).

What that means for newcomers

Newcomers to Research Triangle Park should expect peer-tenant scrutiny: covenant strength, brand fit, and signage standards are watched closely. Lease-up product underwrites by anchor tenant; secondary tenants typically benefit from anchor halo.

Key facts

cityRaleigh-Durham
submarketResearch Triangle Park
tiertrophy
averageRentLocal$38/sqft/yr
cityClassARentUsd$36/sqft/yr
cityVacancyPct16.8%

Frequently asked questions

What kind of tenants lease in Research Triangle Park?
Tech (Apple, Cisco, IBM), pharma (Merck, Eli Lilly), biotech (Fujifilm Diosynth).

Related

Editorial provenance

Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.

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