Oak Street Real Estate Capital Acquires Life Science Property In Durham, N.C For $213.3M

The property involved in the transaction is located at 9 Davis Drive in Durham, N.C. It is a Life Science asset with a total square footage of 336,000. The transaction took place on 11/29/2022, with Oak Street Real Estate Capital acting as the buyer and Syngenta as the seller. The sale price for the property was $213,300,000, resulting in a price per square foot of $635.

Summary of transaction details

• Property Type: Life Science
• Transaction Amount: $213,300,000
• Square Footage: 336,000
• Address: 9 Davis Drive, Durham, N.C
• Market: Durham, N.C
• Buyer: Oak Street Real Estate Capital
• Seller: Syngenta
• Price per Square Foot: $635

The buyer, Oak Street Real Estate Capital, and the seller, Syngenta, were the key parties involved in the transaction. They successfully closed the deal, resulting in the transfer of ownership for the Life Science property located at 9 Davis Drive in Durham, N.C. The transaction took place in the Durham market, with a sale price of $213,300,000 and a price per square foot of $635.