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Family Video Acquires Glenwood Corporate Center in Raleigh

C.W. Wright Construction Sells Office Building for $4.8M
July 24, 2014
Family Video acquired the Glenwood Corporate Center from C. W. Wright Construction Company, Inc., for $4.8 million, or about $124 per square foot.

The 38,493-square-foot office building is located at 5811 Glenwood Avenue in Raleigh, NC. It was constructed in 2000. At the time of sale, the property was 96 percent leased. Tenants include Alliance Hospitality and Booth & Associates, Inc.

Ben Kilgore and Jeff Glenn of CBRE?Raleigh and Ashton Williamson of CBRE?Hampton Roads represented the seller.

Please see CoStar Comp #3074894 for more information on this transaction.

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