A property that sold for $26.75 million tops the list of the most expensive commercial real estate sales in Raleigh between June 29 and July 12.
The area saw a total of seven commercial property sales, averaging $5.5 million, or $336 per square foot.
The prices in the list below include commercial real estate sales where the title was recorded from the week of June 29 to the week of July 12 even if the property sold earlier.
1. $26.75 million, office building at 3515 Glenwood Avenue
A sale has been finalized for the office property at 3515 Glenwood Avenue in Raleigh.
The price was $26.75 million. The house was built in 2016 and the living area totals 77,625 square feet. The price per square foot ended up at $345. Beacon Raleigh LLC acquired the office property. The deal was finalized on June 25.
2. $5.5 million, auto repair shop at 8700 Fleet Service Drive
The sale of the auto repair garage at 8700 Fleet Service Drive in Raleigh has been finalized.
The price was $5,500,000. The house was built in 1999 and has a living area of 7,570 square feet. The price per square foot ended up at $727. 8700 Fleet Service Owner LLC bought the auto repair garage from Mudmen LLC. The deal was closed on June 22.
3. $4 million, office building at 4030 Wake Forest Road
The office property at 4030 Wake Forest Road in Raleigh has new owners.
The price was $4,000,000. The home was built in 1999 and has a living area of 31,352 square feet. The price per square foot ended up at $128. 4030 WFR Holdings LLC bought the office property. The transaction was completed on June 25.
4. $1.45 million, mixed-use building at 705 West North Street
A 2,820-square-foot mixed-use office and residential property at 705 West North Street in Raleigh has been sold.
The total purchase price was $1,450,000, $514 per square foot. The home was built in 1961. Nadine Rubin Revocable Trust transferred ownership of the mixed-use office and residential property to West North LLC. The deal was finalized on June 18.
5. $455,000, office building at 8400 Six Forks Road, Suite 104
A 1,452-square-foot office property at 8400 Six Forks Road, Suite 104 in Raleigh has been sold.
The total purchase price was $455,000, $313 per square foot. The house was built in 2001. Lsya Properties LLC took over the office property. The transaction was completed on June 22.
6. $225,000, office building at 6512 Six Forks Road, Suite 504B
A 880-square-foot office property at 6512 Six Forks Road, Suite 504B in Raleigh has been sold.
The total purchase price was $225,000, $256 per square foot. The house was built in 1985. Pembroke Real Estate Holdings LLC sold the office property to Lydant Real Estate LLC. The deal was closed on June 17.
7. $95,000, mixed-use building at 6 Levister Court
A sale has been finalized for the mixed-use retail and apartment property at 6 Levister Court in Raleigh.
The price was $95,000. The house was built in 1901 and the living area totals 1,352 square feet. The price per square foot ended up at $70. YAA LLC acquired the mixed-use retail and apartment property. The deal was closed on June 12.
