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Med Office Heating Up in Triangle Region

DURHAM, NC-Three medical office buildings have traded back-to-back in Durham.

By Jennifer LeClaire | Updated on June 05, 2011

DURHAM, NC-Medical office buildings are trading with velocity in Raleigh-Durham. A trio of medical office assets has traded hands in the Triangle region.

Healthcare REIT recently sold two medical office buildings spanning 30,464 square feet in Central Professional Park of North Duke Street in Durham. Buildings 200 and 1000 sold to a CA-based 1031 buyer for $3.75 million. Greg Payne of Pickett-Sprouse Real Estate represented the buyer. CB Richard Ellis senior vice president Joe Graham represented the seller.

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