Deal Summary:
Property: Crossroads Corporate Park, Cary, NC
Price: $59M ($151/SF)
Size: 390,500 SF; 133 acres plus 4 development parcels totalling 16 acres
Buyer: MayfieldGentry
Seller: Faison & Associates, LLC
Local Broker: Jimmy Barnes of NAI Carolantic
Notes: The park consists of four low- and mid-rise office buildings along Dillard and Corning roads southwest of Raleigh, and is 97 percent leased to tenants including Capitol Broadband, Jacobs Engineering Group and Wake County Public School System, according to CoStar information.
Source: Co-Star
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