
Capital Markets Group Completes Sale of Meridian Corporate Center
RALEIGH, NORTH CAROLINA: Cushman & Wakefield | Thalhimer’s Capital Markets Group has represented Trinity Capital Advisors in the sale of 2605 Meridian Parkway, a 73,446 square foot class A office building in Durham, North Carolina. Strategically located in the thriving Raleigh-Durham market, within Meridian Corporate Center, 2605 Meridian is 72% leased to a creditworthy tenant roster that features two prominent government contractors, SRA International and Lockheed Martin. Its central location benefits from exceptional access to I-40 and proximity to world-renowned Research Triangle Park.
The property was acquired by Origin Capital Partners based in Chicago, ILfor $7,800,000. The sale was completed by Cushman & Wakefield | Thalhimer’s Capital Markets team consisting of Scot Humphrey, Justin Good, Bill Simerville, and Chris Norvell, SIOR. “We continue to see strong demand for value-add office assets throughout the Carolinas, and Raleigh-Durham, in particular, has the attention of investors. ” said Scot Humphrey of Thalhimer’s Capital Markets Group.