City: Raleigh

Brazos Residential LLC has paid $41 million, or $109,043/unit, for the 376-unit Wilson Woods Townhomes in Wilson, N.C., about 40 miles east of Raleigh, N.C. The Dallas investment manager, which pursues value-add apartment properties, primarily in the Sun Belt region, ...

Austin Business Journal CapRidge Partners has acquired Park at Gateway Centre, a 307,140-square-foot office park in Morrisville, N.C., for $75 million, or about $244.19/sf. The Austin, Texas, real estate investor bought the four-building property from Alidade Capital of Bloomfield Hills, ...

Triad Business Journal Magnolia Capital has paid $124.25 million, or about $325,262/unit, for the Preston View Apartments, a 382-unit property in Morrisville, N.C., about 12 miles west of Raleigh, N.C. The Chicago company bought the three-story complex from a venture ...

Triangle Business Journal The Simpson Organization has paid $27.8 million, or about $177.45/sf, for the Situs Office Park in Raleigh, N.C. The Atlanta real estate investment company bought the 156,666-square-foot office property from Alder Real Estate Partners of Miami. The ...

Triangle Business Journal Pennybacker Capital Management has paid $46.75 million, or about $185.52/sf, for a 252,000-square-foot industrial property in Raleigh, N.C. The Austin, Texas, company, with offices in New York, Denver and Charlotte, N.C., acquired the building from New Market ...

Triangle Business Journal Enclave Holdings is submitting a proposal to develop an 84-unit apartment complex in downtown Apex, N.C., about 16 miles west of Raleigh, N.C. The Raleigh developer wants to build the five-story property on a vacant lot at ...