CARY, NC – Alex. Brown Realty Inc. (ABR) and Heritage Properties have acquired a medical office building in Cary, NC. The ABR-sponsored, value-add real estate fund, ABR Chesapeake Fund V, has invested $4 million in the joint venture.
The two building portfolio is situated on 5.5 acres at 101 & 105 SW Cary Parkway, on the corner of Kildaire Farm Road and Cary Parkway. The site is occupied by a range of medical office practices and is located one mile from WakeMed Cary Hospital.
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Ingrid Tunberg
Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.
