Coldwell Banker Commercial Assisted IXL Learning with Office Expansion in Morrisville, NC
A Morrisville office park has landed a pair of new office leases, filling important spaces as the office markets in the Triangle and around the country remain soft. Earlier this month, IXL Learning Inc. and CTI Towers signed new leases in Perimeter Park.
IXL already has offices in the park but signed on to a new and expanded space, moving its regional headquarters to a 42,236 square-foot space at 1600 Perimeter Park Drive. The offices will make up the third and fourth floors of the building. IXL is an e-learning company based in California.
“Our teams deeply value working in spaces that foster close-knit communities and help IXL’s culture of innovation thrive,” said Paul Mishkin, CEO of IXL Learning. “The 1600 Perimeter Park lease renews our investment in Morrisville, brings employees together in a vibrant atmosphere, and helps expand our efforts to serve learners everywhere.”
Andrew Peceimer of Coldwell Banker Commercial Westbay Real Estate Group in Burlingame, CA and Brian Farmer of Lee and Associates represented IXL Learning in the deal.