City: Durham

Triangle Business Journal Magma Equities has paid $42.4 million, or about $156,457/unit, for the University Apartments, a 271-unit property in Durham, N.C. The Manhattan Beach, Calif., company bought the three-story complex, at 1505 Duke University Drive, from an affiliate of ...

Triangle Business Journal Northridge Capital has paid $36.8 million, or about $262.86/sf, for Innovation I, a four-story office building with about 140,000 square feet, near the Raleigh-Durham International Airport. The Washington, D.C., company bought the property from Scannell Properties of ...

Commercial Real Estate Direct Staff Report Berkeley Point Capital has originated $41.9 million of Fannie Mae financing to help fund Greystar Real Estate Partners' acquisition of the Discovery on Broad Apartments in Durham, N.C. As reported, the Charleston, S.C., company bought ...

Commercial Real Estate Direct Staff Report Exeter Property Group has paid $77 million, or $226,471/unit, for the 340-unit Bell West End apartment property in Durham, N.C. The Conshohocken, Pa., investor bought the complex from Bell Partners, a Greensboro, N.C., investment ...

Triangle Business Journal Greystar Real Estate Partners has bought the 320-unit Discovery on Broad Apartments in Durham, N.C., for $64.5 million, or about $201,563/unit. The Charleston, S.C., company bought the complex from McCann Realty Partners, which had acquired it in 2018 ...

Triangle Business Journal Healthcare Trust of America Inc. has bought the Duke Medical Plaza North Duke Street in Durham, N.C., for $16.3 million, or about $397.22/sf. The Scottsdale, Ariz., REIT bought the 41,035-square-foot medical-office property from Dovini Ltd. of New ...