Updated Sep 3, 2026
Piedmont Health Services Leases 24,000 Square Feet In Durham From Accesso For 11 Years
2525 Meridian Parkway
Building Size
24,000 SF
Asset Type
Office
Closing
Sep 3, 2026
About this deal
AI
The property asset involved in this transaction is an office space located at 2525 Meridian Parkway in Durham, NC. The total square footage of the lease is 24,000 square feet, specifically allocated for administrative headquarters and equipment storage purposes.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Lease Terms: 11-year
- Landlord: Ariel Bentata - Accesso
- Tenant: Daniella Jaimes-Colina - Piedmont Health Services
- Brokers: Brad Corsmeier & Brian Carr - CBRE; Doug Brock & Issac Brown - Newmark
Newmark's Issac Brown and Doug Brock represented the tenant, Piedmont Health Services, while CBRE's Brad Corsmeier and Brian Carr represented the landlord, Accesso, in this leasing agreement.
Players
Durham Office Market Snapshot
Boundary boundary · Office · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93