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January 24, 2018  

Sentinel Snags Lenovo Campus in NC

Sentinel Real Estate has agreed to pay about $135 million for a suburban Raleigh office campus that’s fully leased to technology giant Lenovo.The 486,000-square-foot complex, in the Research Triangle Park submarket, would generate a 5.7% initial annual yield at the $278/sf valuation. Cushman & Wakefield is representing the seller, a partnership between London-based 90 North Real Estate and Azran Wealth of Dubai.The price would be the...

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