A property that sold for $80.63 million tops the list of the most expensive commercial real estate sales in Raleigh between May 25 and June 7.
In total, nine commercial property sales were recorded in the area, with an average price of $9.86 million. The average price per square foot was $309.
The prices in the list below include commercial real estate sales where the title was recorded from the week of May 25 to the week of June 7 even if the property sold earlier.
1. $80.63 million, commercial property at 3200 Ruritania Street
A sale has been finalized for the general commercial property at 3200 Ruritania Street in Raleigh.
The price was $80.63 million. Capital Marketplace NC LLC bought the general commercial property. The deal was finalized on May 18.
2. $2.94 million, commercial property at 6904 Glenwood Avenue
A 10,000-square-foot general commercial property at 6904 Glenwood Avenue in Raleigh has been sold.
The total purchase price was $2,935,000, $294 per square foot. The house was built in 1997. Roundup Investments LLC took over the general commercial property. The transaction was completed on May 12.
3. $2 million, office building at 200 Sawmill Road
The sale of the office property at 200 Sawmill Road in Raleigh has been finalized.
The price was $2,000,000. The home was built in 1988 and has a living area of 9,331 square feet. The price per square foot ended up at $214. C & J Equities LLC acquired the office property. The deal was closed on May 19.
4. $1.05 million, office building at 4908 Professional Court
A 3,104-square-foot office property at 4908 Professional Court in Raleigh has been sold.
The total purchase price was $1,050,000, $338 per square foot. The house was built in 2006. Lampstand Properties LLC acquired the office property. The transaction was completed on May 15.
5. $650,000, commercial property at 7 North East Street
The general commercial property at 7 North East Street in Raleigh has new owners.
The price was $650,000. The home was built in 1910 and has a living area of 1,719 square feet. The price per square foot ended up at $378. Kathryn G Paul Inc bought the general commercial property. The deal was finalized on April 30.
6. $585,000, office building at 7511 Mourning Dove Road, Suite 102
The office property at 7511 Mourning Dove Road, Suite 102 in Raleigh has new owners.
The price was $585,000. The house was built in 1996 and has a living area of 2,044 square feet. The price per square foot ended up at $286. 7511 Mourning Dove LLC transferred ownership of the office property to J/D Jenkins Holdings LLC. The deal was closed on April 30.
7. $340,000, office building at 172 Mine Lake Court, Unit 100
A sale has been finalized for the office property at 172 Mine Lake Court, Unit 100 in Raleigh.
The price was $340,000. The house was built in 1984 and the living area totals 960 square feet. The price per square foot ended up at $354. Oakleaf REI Holdings LLC took over the office property. The deal was closed on May 15.
8. $340,000, office building at 172 Mine Lake Court, Unit 200
A 960-square-foot office property at 172 Mine Lake Court, Unit 200 in Raleigh has been sold.
The total purchase price was $340,000, $354 per square foot. The home was built in 1984. Oakleaf REI Holdings LLC took over the office property. The deal was finalized on May 15.
9. $225,000, office building at 6512 Six Forks Road, Suite 502B
A 880-square-foot office property at 6512 Six Forks Road, Suite 502B in Raleigh has been sold.
The total purchase price was $225,000, $256 per square foot. The home was built in 1985. MHL Holdings LLC bought the office property from Jayhawk LLC. The transaction was completed on May 7.
