Clear Path Asset Management Acquires Office Property In Raleigh For $9.3M

Clear Path Asset Management has acquired an office property located at 5520 Capital Center Drive in Raleigh, NC. The property spans 3.67 acres and comprises a total of 36,008 square feet. The transaction was facilitated by the real estate brokerage firm JLL, with brokers Daniel Flynn, John Mikels, Matt Winters, Ryan Clutter, and Chris Lingerfelt representing both the buyer and the seller.

Summary of Transaction Details

• Property Type: Office
• Sale Price: $9,300,000
• Square Footage: 36,008
• Price per Square Foot: $258
• Date: 07/05/2022
• Address: 5520 Capital Center Drive, Raleigh, NC
• Market: Raleigh, NC

Clear Path Asset Management, led by their representative, completed the acquisition of the office property with the assistance of JLL. The transaction closed on 07/05/2022, with a sale price of $9,300,000 and a price per square foot of $258.