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City: Durham
University Hill Apartments
University Hill Apartments sits on 6.73 acres at 3806 University Drive within the roughly 300,000‑square‑foot University Hill mixed‑use development. The apartment component has a mix of studio, one‑, two‑, and three‑bedroom units ranging in size from 643 to 1,657 sf, ...
Momentum Real Estate Buys Durham, N.C., Apartments for $87.1Mln
Triangle Business Journal Momentum Real Estate Partners has paid $87.1 million, or $323,792/unit, for the University Hill Apartments, a 269‑unit complex in Durham, N.C. The Miami company purchased the four‑story building from Hawthorne Residential Partners of Charlotte, N.C., which had ...
Out-of-State Firm Buys Industrial Building in Morrisville, N.C., for $19.5Mln
Triangle Business Journal Stonelake Capital Partners has paid $19.5 million, or $145.35/sf, for the 134,156-square-foot flex industrial building at 10800 World Trade Blvd. in Morrisville, N.C. The Austin, Texas, investment firm purchased the property from Broadstone Net Lease Inc. of ...
Vacant Durham, N.C., Industrial Property Trades for $26.7Mln
Triangle Business Journal A venture of Atlanta Property Group and TPG Angelo Gordon has paid $26.7 million, or $101.94/sf, for the 261,926-square-foot North 70 Distribution Center in Durham, N.C. The venture—Atlanta Property is in Atlanta and TPG is from New ...
Falls Lake Commerce Center
Falls Lake Commerce Center sits on 300 acres at 200 Business Park Drive. It is fully leased to three tenants. The deal also includes a 1.2-acre industrial outdoor storage yard that houses 65 trailer stalls.
Equus Capital Buys Durham, N.C.,-Area Industrial Property for $46.9Mln
ConnectCRE Equus Capital Partners has paid $46.9 million, or $137.19/sf, for the Falls Lake Commerce Center, a 341,867-square-foot industrial complex in Butner, N.C., about 14 miles northeast of Durham, N.C. The Newtown Square, Pa., company purchased the three-building property from ...
Building Three in the Triangle 55 business park
The property, which sits on 27.63 acres at 3450 Hopson Road, was built last year and is fully leased to global logistics company Kuehne+Nagel. The building has 36-foot clear heights, 51 dock-high doors, four ramps with roll-up doors, a truck ...
Stag Industrial Buys Durham, N.C., Industrial Building for $83Mln
Triangle Business Journal Stag Industrial has paid $83 million, or $243.97/sf, for Building Three in the Triangle 55 business park in Durham, N.C. The Boston company purchased the 340,200-square-foot building from its developer, Scannell Properties of Indianapolis. The property, which ...
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