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Blue Ridge Realty Buys Greater Life Christian Church Building

Developer Pays $1.8 Million for Redevelopment Site
May 16, 2014
Blue Ridge Realty, a regional developer, purchased the religious facility at 630 North St. in Raleigh, NC from Pointe Development Co. for $1.85 million, or about $113 per square foot.

The 16,430-square-foot building was constructed in 1975. It was vacant at the time of sale. The exact development plans are unknown at this time.

Both parties were self-represented in the transaction.

Please see CoStar COMP #3022123 for more information on the transaction.

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