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

5520 Capital Center Drive
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This Office property located in NC was sold for $9,300,000 over 1 year ago. The brokers of the deal were Daniel "Dan" Flynn, John Mikels, Matt Winters, Ryan Clutter, and Chris Lingerfelt

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.

View Related

Deals
  • Location
    5520 Capital Center Drive, Raleigh, North Carolina 27606, United States5520 Capital Center Drive, Raleigh, North Carolina 27606, United States
  • Sale Price
    $9,300,000$9,300,000
    $258 PPSF$258 PPSF
  • Area
    36,008 SF36,008 SF
  • Asset Type
    OfficeOffice
  • Parties
    5 Brokers, 1 Agency5 Brokers, 1 Agency

Agents

Matt Winters

Matt Winters

Deals1
Sold$9.3M

Ryan Clutter

Ryan Clutter

Deals5
Sold$637.7M

John Mikels

John Mikels

Deals3
Sold$402.3M

Chris Lingerfelt

Chris Lingerfelt

Deals2
Sold$339.3M

Daniel "Dan" Flynn

Daniel "Dan" Flynn

Deals4
Sold$421.6M

Agency

JLL

JLL

Agency
Deals5591
Volume$332.6B

Deal Summary

SALE IMAGE: Daniel Flynn, John Mikels, Matt Winters, Ryan Clutter & Chris Lingerfelt DATE: 07/05/2022 ADDRESS: 5520 Capital Center Drive MARKET: Raleigh, NC ASSET TYPE: Office ~ ACRES: 3.67 BUYER: Clear Path Asset Management BROKERS: Daniel Flynn, John Mikels, Matt Winters, Ryan Clutter & Chris Lingerfelt - JLL SALE PRICE: $9,300,000 SF: 36,008 ~ PPSF: $258

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