Raleigh Office · Vertical

Innovative Campuses

Research, life-science, and innovation campuses built for tomorrow's tenants.

Research, life-science, and innovation campuses built for tomorrow's tenants. Where university, corporate, and government research converges into real estate.

Focus Areas

Where we underwrite conviction.

01

R&D Campuses

Purpose-built research campuses serving corporate and academic tenants.

02

Life-Science Wet-Lab

BSL-2 and BSL-3 wet-lab space in RTP, Cambridge, and gateway innovation hubs.

03

University-Adjacent

Innovation districts adjacent to Tier 1 research universities.

04

Federal-Backed Research

DOE, NIH, NSF-affiliated research real estate.

Platform Metrics

By the numbers.

$80B
Committed across innovation campuses
34 campuses
R&D, wet-lab, and university-adjacent
Top 20
U.S. research-university coverage
12+ yr
Weighted lease term at signing
Regional Office

Raleigh, NC

Innovative Campuses Vertical
5540 Centerview Dr Suite 200 Raleigh, NC 27606
Fund Platform

Funds & Allocations

Funds
4
Total Allocation
$80B
FundFund Size
PCC Innovative Campuses Fund I$22B
PCC Innovative Campuses Fund II$18B
PCC Innovative Campuses Fund III$22B
PCC Innovative Campuses Fund IV$18B
Total — Innovative Campuses$80B
Illustrative — Representative Asset

Centerview Drive Research Park

Raleigh–Durham Research Triangle, NC
780,000 SF R&D campus · wet-lab + office · 8 buildings · Tier 1 university-adjacent

RTP innovation campus serving the biotech, pharma, and CRO tenant base with long-form leases and wet-lab flexibility.

Anchor tenant: Multi-tenant biotech and CRO (representative)

Market Context

Underwriting environment

Real-world data grounding the thesis
$900B
U.S. total R&D spending 2024 (est.)
4.8% cap
U.S. life-science real estate average
+18%
U.S. wet-lab construction pipeline 2024

Serious capital for innovative campuses.

Qualified LPs and institutional partners can request the full data room and current allocation window.

Request LP Access