Triangle Business Journal Bridge Commercial Real Estate has sold the more than 160,000-square-foot office building at 5511 Capital Center Drive in Raleigh, N.C., for $6 million, or $37.50/sf. That's down nearly 82 percent from the $33 million the Atlanta company ...
Advenir Azora has paid $62.92 million, or $238,335/unit, for the 264-unit Ascend Varina Gateway apartment property in the Raleigh, N.C., suburb of Fuquay Varina, N.C. The Aventura, Fla., developer bought the property, at 300 Alex Ridge Drive, from its developer, ...
The Bloomfield Hills, Mich., company purchased the six-story property from a tenant-in-common group managed by Nordblom Management Co. of Burlington, Mass., which had acquired it in 2017 for $37.7 million.
Triangle Business Journal Alidale Capital has bought 712 Tucker, a 181-unit apartment complex in downtown Raleigh, N.C., for $36.8 million, or about $203,315/unit. The Bloomfield Hills, Mich., company purchased the six-story property from a tenant-in-common group managed by Nordblom Management ...
Triangle Business Journal Stoltz Real Estate Partners has bought the 580,326-square-foot industrial building at 900 Aviation Parkway in Morrisville, N.C., for $71 million, or about $122.35/sf. The Bala Cynwyd, Pa., real estate fund manager purchased the property from Dogwood Industrial ...
Multi-Housing News Centennial Bank has provided a $34.2 million construction loan for Madison Aquiline, a 218-unit apartment project in Apex, N.C. JLL arranged the financing. Madison Capital Group is developing the garden-style property at 1506 East Williams St., 15 miles ...
First Choice Cabinetry has sold its Raleigh, N.C., headquarters building at 5604 Departure Drive for $11.4 million, or $190/sf. The local cabinet company sold the 60,000-square-foot industrial property to ServPro, a Gallatin, Tenn., cleanup and restoration company, in a deal ...
Triangle Business Journal First Choice Cabinetry has sold its Raleigh, N.C., headquarters building at 5604 Departure Drive for $11.4 million, or $190/sf. The local cabinet company sold the 60,000-square-foot industrial property to ServPro, a Gallatin, Tenn., cleanup and restoration company, ...
Triangle Business Journal Nuveen has bought the 72,946-square-foot Heritage Station shopping center in Wake Forest, N.C., for $15.6 million, or about $213.86/sf. The commercial real estate investment arm of TIAA purchased the property from ShopCore Properties, a San Diego REIT ...
Bridge Commercial Real Estate has sold a pair of Raleigh, N.C., office buildings totaling 169,700 square feet for $12.25 million, or about $72.19/sf. That compares to 2020, when the Atlanta company purchased them for nearly $30 million. Oak Hill Ventures ...
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