INC Research announced plans to expand and add 550 new jobs, has committed to a deal to build a new headquarters building for its expansion in Morrisville. Construction of Perimeter Five with an adjoining parking deck is slated to begin January 2017 and will be completed by summer 2018. The new Perimeter Five building will be similar in size and scope to the Perimeter Three office building that opened in 2014, which is anchored by Teleflex. That building was valued at $52.8 million when it was acquired in the portfolio sale. It will feature amenities such as lakefront views, a high parking ratio of five spaces per 1,000 square feet of office space and access to Perimeter Park's fitness and amenity center.