Triangle Business Journal Realty Income Corp Acquires Industrial Property In Garner, N.C. For $16.6M

The industrial property located at 200 Laurensfield Court in Garner, N.C, was recently sold in a closed transaction. The property spans over 98,000 square feet and was acquired by Triangle Business Journal Realty Income Corp. The sale price for this transaction was $16,600,000, resulting in a price per square foot of $169. The seller in this deal was Wigeon Capital of Raleigh.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $16,600,000
• Address: 200 Laurensfield Court, Garner, N.C
• Market: Garner, N.C
• Buyer: Triangle Business Journal Realty Income Corp
• Seller: Wigeon Capital of Raleigh
• Square Footage: 98,000
• Price per Square Foot: $169

The purchase of this industrial property in Garner, N.C was facilitated by Triangle Business Journal Realty Income Corp's representative.