BGO Acquires EmergeOrtho Southpoint Medical Office In Durham From Davis Moore Capital For $24.1M

BGO acquired the fully leased medical office building located at 7810 Nc Highway 751 in Durham, NC, for $24.1 million. The facility spans 35,171 square feet, with a price per square foot of $685. It contains an ambulatory surgery center and was built in 2020, strategically positioned near Research Triangle Park.

Summary of transaction details:

• Property Type: Medical Office
• Transaction Amount: $24,100,000
• Buyer: BGO
• Seller: Davis Moore Capital
• Broker: CBRE
• Square Footage: 35,171
• Price per Square Foot: $685

CBRE represented Davis Moore Capital in this transaction, facilitating the sale of the medical office building to BGO, which is expanding its portfolio in the medical office sector.