Meridian Development Group Meridian Development Group News
About Meridian Development Group
Contact Meridian Development Group
Meridian Development Group Home Meridian Development Acquisitions Meridian Investment Strategy Meridian Development Services Meridian Property Management Meridian Development Group Portfolio
Meridian Distribution Center



   

News

 

Durham Warehouse Sold for $6.4 Million
 

A 186,000-square-foot warehouse in Durham's Imperial Business Center has been sold for $6.4 million.

Tampa's Meridian Development Group and New York-based Hudson Realty Capital purchased the building at 4400 Emperor Blvd in Durham. They formed a limited-liability corporation, Meridian-HRCF Emperor LLC, to complete the transaction.

California's Solectron Corp. , an electronics manufacturer, operates out of the facility, previously owned by TME Investments of Raleigh.

The building was purchased in 1984 for Nortel Networks . According to the Triangle Business Journal's most recent SPACE survey, the building was 100 percent occupied as of the first quarter of 2007.

 
Read Other Meridian News
 
   

 

 

 

HOME | ABOUT US | NEWS | CONTACT US

© Copyright 2015. All rights reserved.