Armada Hoffler Properties Sells Retail Asset In Durham, NC For $12.54M

The property involved in this closed transaction is a retail asset located at 1700 North Pointe Dr and 1510 North Pointe Dr in Durham, NC. The property spans approximately 120,000 square feet, with a sale price of $12,540,000. This equates to a price per square foot of $105.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $12,540,000

The seller of this property was Armada Hoffler Properties. The transaction was facilitated by brokers Alex Sharrin, Alex Geanakos, and Michael Roberts of JLL.