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ARCHON SNAPS UP TRIANGLE PORTFOLIO

Charlotte
ARCHON SNAPS UP TRIANGLE PORTFOLIO

Dallas-based Archon Acquisition grabbed a six-building, $44M office portfolio in Raleigh and Cary totaling almost 427k SF. (Quite attractive, even if it doesn't show as much leg as Angelina Jolie.)

 
CT group closes on $44M Triangle portfolio

Above is 1616 Millbrook Rd  in North Raleigh. A Cassidy Turley team led by Charlotte's Rob Cochran (joined by Raleigh's David Finger and Washington, DC's Jud Ryan) repped the seller, Duke Realty (a Minneapolis-based REIT not affiliated with Duke Energy).Anchor tenants include Stantec, Alltel, and Verizon.

 
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