Property Management - Raleigh-Durham

Pacific Retail to Manage North Raleigh Mall
The company has also partnered with The Maley Co. to handle leasing at the property.
Retail
Commonwealth Commercial to Manage 2.5 MSF Portfolio
The portfolio consists of 31 Class A office and industrial buildings spread throughout the Mid-Atlantic area and Southeastern U.S.
Office
Investcorp Affiliate to Acquire Durham Office Portfolio for $48.4M
by Adriana Pop, Associate Editor American Real Estate Partners of Herndon, Va. recently sold three class A office buildings at Keystone Park in Durham for $48.4 million. According to CityBizList Charlotte Raleigh, an affiliate of Investcorp of New York purchased the 285,874-square-foot portfolio at 430 Davis Drive, 530 Davis Drive and 630 Davis Drive. Paul [...]
Office

  • Ohio Investor Acquires Holly Springs Shopping Center for $11M

    Aurora-based Optimus One LLC has recently purchased the SouthPark Village shopping center in Holly Springs. According to the Triangle Business Journal, SouthPark Village Investments I of Atlanta, which is led by Philip E. Stephens, sold the property for $11 million.

    25 June 2013 20:36

  • New York-Based Co. Buys Hope Valley Square in Durham for $7.7M

    An affiliate of DNA Partners of Cold Spring Harbor, N.Y. has acquired the 40,524-square-foot Hope Valley Square retail center in Durham.

    12 June 2013 20:55

  • Erwin Square Plaza in Downtown Durham Changes Hands

    In a $37.5 million deal, Federal Capital Partners of Maryland has acquired the 10-story Erwin Square Plaza office building in downtown Durham from National Asset Services, Inc. of Los Angeles. Ben Kilgore at CBRE represented the seller in the transaction.

    05 June 2013 21:40

  • Health Care REIT to Acquire Sunrise Senior Living for $845M

    by Adriana Pop, Associate Editor Health Care REIT, Inc. has entered into a definitive agreement to acquire all of the outstanding common stock of Sunrise Senior Living, Inc., in an all cash transaction of approximately $845 million. The acquisition positions Health Care REIT among the largest owners of seniors housing in the world with over [...]

    07 September 2012 02:23

  • Highwoods Properties Buys $26M Building from its Partner

    by Adriana Pop, Associate Editor Highwoods Properties Inc. has purchased full ownership of a 178,300-square-foot office building in Cary from its joint venture investor, in a transaction valued at $26 million. Highwoods had developed the four-story building located at 11000 Weston Parkway in 1998. One year later, the company sold 77 percent ownership in the property [...]

    16 May 2012 18:43

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