City: Morrisville

Commercial Real Estate Direct Staff Report Starlight Investments has paid $121.9 million, or $249,284/unit, for the 489-unit Indigo Apartments in Morrisville, N.C., a Raleigh, N.C., suburb. The Toronto investment manager bought the property from Blue Herron Asset Management of Raleigh, ...

PGIM Real Estate has provided $51 million of mortgage financing against the 263-unit Broadstone Trailside apartment complex in the Raleigh, N.C., suburb of Morrisville, N.C. The property, at 5860 McCrimmon Parkway, near the Research Triangle Park complex, is owned by ...

Triangle Business Journal TA Realty has paid $71 million, or about $269,962/unit, for Broadstone Trailside, a 263-unit apartment complex in Morrisville, N.C. The Boston investor purchased the property, at 5860 McCrimmon Parkway, from Alliance Residential Co. of Phoenix. Newmark brokered ...

Triangle Business Journal Stockbridge Real Estate and Edgewater Ventures have bought a 116,882-square-foot industrial property in suburban Raleigh, N.C., for $13.6 million, or about $116.36/sf. The venture bought the property, which sits on 13.7 acres at 10900 World Trade Center ...

Triangle Business Journal Dominion Realty Partners has sold the 318-unit Shiloh Crossing Apartments in Morrisville, N.C., for $75.7 million, or about $238,050/unit. The buyer was not identified. The three-story property, which opened last year, sits on a 48-acre site at ...

Knighthead Funding LLC has provided $57.3 million of financing against the Stitch life-sciences project in the Raleigh, N.C., suburb of Morrisville, N.C. The loan modifies a $34 million mortgage that Knighthead had provided two years ago to a venture of ...

Commercial Real Estate Direct Staff Report A venture of the Dermot Co. and BentallGreenOak has paid $78.7 million, or $206,021/unit, for the 382-unit Preston View apartment property in Morrisville, N.C., about 12 miles west of Raleigh, N.C. It bought the ...