City: Durham

Triangle Business Journal An affiliate of New York Life Insurance Co. has paid $55.7 million, or about $511,009/unit, for the 109-unit One City Center apartment building in downtown Durham, N.C. The New York insurance firm purchased the 27-story building from ...

Sterling Bay has paid $63 million for a 9.6-acre development site in downtown Durham, N.C. The Chicago developer, which has $4.3 billion of assets under management, bought the site, at 606 Fayetteville St. and 401 East Lakewood Ave., from 606 ...

Triangle Business Journal Friedlam Partners has paid $63.35 million, or $158,375/unit, for the SoHo Apartment Homes, a 400-unit complex in Durham, N.C. The Teaneck, N.J., company acquired the property from a limited liability company affiliated with Concordia Properties of Lakewood, ...