Triad's quarterly commercial building sales near $262M

Commercial property sales in the Triad neared $262 million for the first quarter — more than half of that amount was in Guilford — with March seeing an uptick in sales surpassing the $1 million mark.

Three of the largest deals of the quarter were transactions between Bellevue Acquisitions LLC, an entity controlled by General Electric, and Canada-based Piret NC Property LP. Those three sales, all in February, together totaled $57 million.

The portfolio acquired by Piret includes the following…