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REA
February 28, 2018  

Heitman to Show Raleigh Offices

Heitman is teeing up the leasehold interests in six Raleigh office buildings valued at roughly $175 million.The 621,000-square-foot portfolio, part of the Centennial Campus research park at North Carolina State University, is 95.4% occupied. At the estimated value of $282/sf, the buyer’s initial annual yield would be about 7.5%.Chicago-based Heitman prefers to sell the portfolio intact, but would consider individual bids on one building...


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