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Commercial Real Estate Direct Staff Report Hercules Living has paid $104 million, or $301,449/unit, for the 345-unit Reserve at Patterson Place apartment property in Durham, N.C. The Virginia Beach, Va., multifamily specialist bought the property from Duck Pond Realty Management ...
Triangle Business Journal LifeSciences Logistics is developing a 132,000-square-foot storage and distribution facility in Durham, N.C. The Dallas company, which specializes in cold-storage and logistics for the health-care sector, is developing the industrial property as part of the Regional Commerce ...
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 ...
The property, which sits on 15 acres at 831 Slater Road in Durham, N.C., is anchored by biotech giant Biogen.
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 ...
The property, at 605 West Chapel Hill St., has been renamed 605 West End. Capital One has provided a $46.2 million loan to help fund Exeter's acquisition.
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 ...
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