EMC buys 450,000 SF warehouse

EMC buys room to grow - Business - News & Observer

Price: $22.6M ($50/SF)
Seller: Crown Realty
Broker: Chris Norvell, Colliers Pinkard
Location: Imperial Center, Durham, NC

Cerberus hits Homerun with Talecris

Cerberus gets medicine from Talecris IPO - MarketWatch

It is great to see the capital markets open again for NC companies.

Cerebus hit about a 23 bagger with this one.
Investment of $82.5M nets a gain of about $1.8B.

The firm plans to spend about $750M of the $950M in proceeds on "improving manufacturing facilities".