March 10, 2015
Big Deals! $169M in Triangle commercial properties sold in February
The trading of major commercial real estate properties in February in the Triangle slowed its pace compared to previous months with nearly $169 million in property sales recorded.
The one big deal that did make it through though, — the $127 million sale of the Lenovo Enterprise Campus in Research Triangle Park — will likely be one for the local record books.
The deal was a well-time blockbuster for joint venture partners Rubenstein Partners and Grubb Properties, which had paid only $26 million…