 |
| Duke Medical Complex, 4321 Medical Park Drive, Durham, NC |
 |
| Zack Drozda |
CHARLOTTE, NC –– HFF announces the $8.6 million sale of Duke
Medical Complex, a two-story medical office building totaling 79,202 square
feet in Durham, North Carolina.
The HFF team represented the seller, and procured the buyer, 5401 Holding
Co LLC.
Duke Medical Complex is located at 4321 Medical Park Drive within
close proximity to the Duke Regional Hospital in Durham’s micro-medical
submarket.
 |
| Scot Humphrey |
The property is situated on more than eight acres and has convenient access to the area’s major thoroughfares, including U.S. 501 and Interstate 85, which link the greater Triangle region.
Completed in 2001, the 78-percent-leased medical office
building is anchored by a division of the renowned Duke University Health
System.
The HFF investment advisory team representing the seller consisted of
director Zack Drozda managing director, Scot Humphrey, senior
managing director Ryan Clutter and senior director Chris Lingerfelt.
“The offering represented an excellent value-add opportunity for medical
office investors, backed the tenancy and credit of Duke University Health
System,” stated Drozda.
 |
| Ryan Clutter |
Holliday GP
Corp. ("HFF") is a North Carolina licensed real estate broker.
HFF and its affiliates operate
out of 26 offices and are a leading provider of commercial real estate and
capital markets services to the global commercial real estate industry.
HFF, together with
its affiliates, offers clients a fully integrated capital markets platform,
including debt placement, investment advisory, equity placement, funds
marketing, M&A and corporate advisory, loan sales and loan servicing.
HFF, HFF Real Estate
Limited, HFF Securities L.P. and HFF Securities Limited are owned by HFF, Inc.
(NYSE: HF).
 |
| Chris Lingerfelt |
CONTACTS:
ZACK DROZDA
HFF Director
(704) 526-2812
SCOT HUMPHREY
HFF Managing Director
(919) 573-4641
No comments:
Post a Comment