Finance - Raleigh-Durham

Founders Properties Buys Raleigh Office Portfolio for $23M
The three-building Class C office campus contains nearly 155,000 square feet. The buyer landed $14.5 million in financing for the deal.
Office
Thackeray Partners JV Sells NC Distribution Center
Boston-based NorthBridge Partners acquired North 70 Distribution Center. The 260,000-square-foot facility in Durham was fully leased at the time of sale.
Industrial
Raleigh Office Building Lands $85M Construction Loan
HFF worked on behalf of Kane Realty and Lionstone Investments to secure financing for Tower IV, an upcoming 326,600-square-foot high-rise within the North Hills mixed-use development.
Office

  • Nearly $1.5B in CMBS Possibly at Risk from Hurricane Florence

    Morningstar Credit Ratings has identified more than 180 securitized commercial mortgages on properties in North Carolina counties that have been declared disaster areas because of the storm.

    24 September 2018 12:07

  • Preferred Apartment Communities Buys NC Office Tower

    The buyer completed the acquisition of Wells Fargo Capitol Center in Raleigh through its subsidiary, Preferred Office Properties. New York Life Insurance Co. provided the financing.

    03 August 2018 06:55

  • HFF Arranges Loan for Mixed-Use Raleigh High-Rise

    The residential and grocery-anchored retail property will be developed in two phases and will include 445 units, 61,000 square feet retail space and 257,000 square feet parking space.

    21 February 2018 15:29

  • NC Office Asset Fetches $56M

    HFF marketed the property on behalf of an institutional owner advised by Clarion Partners, and arranged acquisition financing with Citizens Bank.

    25 January 2018 18:12

  • Hock Plaza in Durham Fetches $142M

    The medical and educational office building is home to 34 different Duke University institutes and research functions, including the Center for Autism and Brain Development.

    25 January 2018 13:05

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