Property Management - Raleigh-Durham

  • 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 [...]

    27 September 2012 22:50
  • 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