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January 30, 2019  

NC Office Complex on the Market

Greenfield Partners is shopping an office park in Durham, N.C., with an estimated value of $90 million.The five-building property, known as Research Commons, encompasses 430,000 square feet at 79 TW Alexander Drive in the Research Triangle Park submarket. At the projected price of $210/sf, the buyer’s initial annual yield would be 7.25%. Greenfield, of Westport, Conn., has given the marketing assignment to HFF.The property is 95.8% occupied...

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