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| 3110 Edwards Mill Office Building, Raleigh-Durham, NC |
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| Scot Humphrey |
CHARLOTTE, NC –– Holliday
Fenoglio Fowler, L.P. (HFF) announced it has closed the sale of 3110 Edwards
Mill, a 45,692-square-foot, three-story, Class A office building in
Raleigh-Durham, North Carolina.
HFF marketed the property on behalf of the
seller, Atlanta-based The Simpson Organization, and procured the buyer, a
private investor represented by Michael Waldrop of Waldrop Properties.
The property is situated
on a 3.0-acre site at 3110 Edwards Mill within minutes of the inner beltline of
West Raleigh.
This highly-amenitized location has easy access to the Triangle area’s main thoroughfares, including Interstates 440 and 40, which provide connectivity to downtown Raleigh, RDU International Airport, downtown Durham and many of the area’s exclusive “inside the beltline” communities.
This highly-amenitized location has easy access to the Triangle area’s main thoroughfares, including Interstates 440 and 40, which provide connectivity to downtown Raleigh, RDU International Airport, downtown Durham and many of the area’s exclusive “inside the beltline” communities.
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| Ryan Clutter |
The HFF investment sales
team representing the seller was led by director Scot Humphrey, senior managing director Ryan Clutter and associate director Chris Lingerfelt.
“3110 Edwards Mill represents
an outstanding investment opportunity due to its premier location, attractive
stability and future upside potential with in-place rents that are greatly
under market,” said Humphrey.
For a complete copy of the company’s news release,
please contact:
Kristen M. Murphy
Director, Public Relations
HFF | One Post Office
Square, Suite 3500 | Boston, MA 02109
Main: 617-338-0990 |
Direct: 617-848-1572 | Cell: 617-543-4873 | www.hfflp.com
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