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Parexel Establishes New Global HQ in Raleigh, NC

Moving from its previous location in Durham, Parexel now occupies two floors in the newly constructed NHID Tower 5.

Parexel, a global clinical research organization (CRO) has opened its new global headquarters in the North Hills Innovation District (NHID) in Raleigh, NC. Moving from its previous location in Durham, NC, Parexel now occupies two floors in the newly constructed, LEED-certified NHID Tower 5. The new location is designed to drive efficiency and foster innovation and flexible work.

“Opening our headquarters in the North Hills Innovation District in Raleigh marks an exciting chapter in Parexel’s growth,” said Peyton Howell, Chief Executive Officer. “This modern, energy-efficient and highly sustainable space reflects how we are evolving the way we work – creating spaces that inspire innovation, flexibility and collaboration for our team as we support and accelerate the development of new therapies for patients.”

Building features include energy-efficient best practices, WiredScore Platinum certification, eco-friendly construction materials, water conservation systems, EV charging stations, and easy accessibility to walking, biking and public transportation. Located in one of Raleigh’s centrally located neighborhoods, the new headquarters offers employees and visitors a vibrant setting that prioritizes efficiency and opportunities for productivity and collaboration.

Parexel has maintained a strong presence in North Carolina since 2014 and currently employs approximately 1,100 colleagues across the state. The company continues to invest in its North Carolina footprint.

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