Raleigh business real estate closes at $253 million

Published Sep 2, 2025

The commercial property, consisting of two floors and built in 1971, was sold for $253,047,200. At 4325 Glenwood Ave., the 655,143-square-foot building sits on a 57.2-acre lot. It was purchased by Crabtree Owner LLC on June 26, 2025.