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Triangle Business Journal Stonelake Capital Partners has paid $90.5 million, or $147.55/sf, for three recently completed industrial buildings totaling 613,353 square feet in Apex, N.C. The Austin, Texas, investor acquired buildings 2, 3, and 4, which sit on 64.97 acres ...
The buildings are at 875 and 895 Gateway Drive and 3530, 3550, and 3560 Brightleaf Drive, about 21 miles west of Raleigh, N.C. They are 87% leased to tenants that include Life Science Logistics, Rand Coca-Cola Bottling, Barbour Machine, and ...
Triangle Business Journal JLL Income Property Trust has paid $190 million, or $192.89/sf, for five buildings within the Apex Gateway industrial development that's currently under construction in Apex, N.C. The Chicago REIT purchased the property from Beacon Partners, a Charlotte, ...
The property, which is 87% leased to eight tenants, is near Interstate 540 and less than 20 miles south of the Raleigh-Durham International Airport. Tenant leases call for 3.75% annual rent increases.
JLL Income Property Trust has paid $190 million, or $192.89/sf, for the 985,000-square-foot West Raleigh Distribution Center in the Raleigh, N.C., suburb of Apex, N.C. The Chicago REIT, whose shares do not trade on any exchange, purchased the five-building property ...
Lightstone Group has paid $16.3 million, or $108.01/sf, for the 150,907-square-foot industrial building at 850 Lufkin Road in Apex, N.C. The New York company acquired the property from LM Real Estate Partners, also of New York, which had bought it ...
Triangle Business Journal Lightstone Group has paid $16.3 million, or $108.01/sf, for the 150,907-square-foot industrial building at 850 Lufkin Road in Apex, N.C. The New York company acquired the property from LM Real Estate Partners, also of New York, which ...
Multi-Housing News Centennial Bank has provided a $34.2 million construction loan for Madison Aquiline, a 218-unit apartment project in Apex, N.C. JLL arranged the financing. Madison Capital Group is developing the garden-style property at 1506 East Williams St., 15 miles ...
Triangle Business Journal Enclave Holdings is submitting a proposal to develop an 84-unit apartment complex in downtown Apex, N.C., about 16 miles west of Raleigh, N.C. The Raleigh developer wants to build the five-story property on a vacant lot at ...
Triangle Business Journal Castle Development Partners is building the 240-unit North Salem Station apartment complex in Apex, N.C. The Charlottesville, Va., developer bought the property's development site - nine parcels at the corner of North Salem Street and Laura Duncan ...
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