Sterling Bay Acquires Life Science Property In Durham, NC For $63M | 606 Fayetteville Street & 401 East Lakewood Avenue | Hunter Barron, John Mikels, Alexander Riguardi, David Giancola | Other | Sale

Summary

Sale

NORTH CAROLINA

Other

606 Fayetteville Street and 401 East Lakewood Avenue in Durham, NC, have been sold for the price of $63,000,000. The properties are classified as life science assets.

Summary of transation details

Property Type: Life Science
Transaction Amount: $63,000,000
Address: 606 Fayetteville Street & 401 East Lakewood Avenue, Durham, NC
Market: Durham, NC

The buyer of the properties is Sterling Bay, while the seller is 606 Fayetteville LLC, represented by Blake Nucci and Chris Kono. The sale was facilitated by Alexander Riguardi, David Giancola, Hunter Barron, and John Mikels from JLL.

Players

All
5

Agents
4
Agencies
1

$72.1M Sold

$402.3M Sold

$336.1M Sold

$643.6M Sold

Details

Deal Summary

SOLD

IMAGE: Alexander Riguardi, David Giancola, Hunter Barron & John Mikels DATE: 06/27/2022 ADDRESS: 606 Fayetteville Street & 401 East Lakewood Avenue MARKET: Durham, NC ASSET TYPE: Life Science BUYER: Sterling Bay SELLER: 606 Fayetteville LLC - Blake Nucci & Chris Kono BROKERS: Alexander Riguardi, David Giancola, Hunter Barron & John Mikels - JLL SALE PRICE: $63,000,000

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Address606 Fayetteville Street & 401 East Lakewood Avenue

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