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REA
September 12, 2018  

NEW DEALS

Raleigh OfficesBrookdale Group will see a 7.1% initial annual yield on its $56.3 million purchase last week of a 313,000-square-foot Raleigh office complex with leasing upside. The Atlanta firm paid $180/sf for the three buildings at WestChase Office Park. The marketing campaign said the property was projected to have a 79% occupancy rate at yearend, and that a buyer could boost its yield by filling vacant space. CBRE represented the seller,...


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