5/5/2008

Mayfield Gentry pays $59M for North Carolina office park

by

Crossroads Corporate Park

Detroit, Mich.-based Mayfield Gentry Realty Advisors, LLC has purchased the Crossroads Corporate Park in Cary, N.C., for $59 million from Charlotte-based Faison & Associates, LLC.

Paul Collins, Bill Collins, Drew Flood, Jud Ryan and James Cassidy of Cassidy & Pinkard Colliers and Jimmy Barnes of NAI Carolantic Realty represented the seller in the deal.

The acquisition includes four Class A office buildings and four development parcels totaling 16.63 acres. The buildings contain 390,542 square feet and are located at 3605 Glenwood Ave. The office park has an occupancy rate of 97 percent.

An affiliate of Colliers International, Cassidy Pinkard offers commercial real estate services primarily in the Washington D.C. area.

Address: 3605 Glenwood Ave., Cary, N.C.

Size: 390,542 square feet/16.63 acres

---

Filed Under: Office

E-mail this article to a friend | Printer friendly format| DIGG this| Post to del.icio.us

Comments on this article

No comments have been posted in the last 15 days!

Send us your comments on this article

* - Required fields Subject: * Message: * Contact Name: * Contact URL: Contact Email: * Write the characters in the image above:

Related Headlines

• Colliers International welcomes three brokers in California - 5/29/2009
• Texas hotel sells for $4.275M - 5/29/2009
• Massey Knakal lists NoHo retail building for $5.95M - 5/29/2009
• California industrial building sells for nearly $3 million - 5/29/2009
• NAI facilitates sale of Alaska mixed-use building - 5/28/2009
• Long Beach retail center commands $6.05M - 5/28/2009
• Florida land fetches $2.725M - 5/28/2009
• Marcus & Millichap list Virginia retail store for more than $10.2M - 5/28/2009
• Colliers Arnold stays busy in Tampa - 5/27/2009
• Colliers sells two buildings in California - 5/27/2009