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Global Securitization Services Sells Office Building in Meridian Business Park

Northridge Capital Acquires Property in Durham
April 11, 2014
Northridge Capital purchased the office building located at 2635 Meridian Parkway in Durham, NC for $6.4 million, or about $103 per square foot, from New York-based Global Securitization Services.

The 61,763-square-foot building was constructed in 2000 and underwent renovations in 2011. At the time of sale, the property was 69 percent occupied. The building is anchored by VCE Co.

Scot Humphrey, Chris Norvell and Bill Simerville of Cushman & Wakefield?Thalhimer represented the seller in the transaction.

Please see CoStar COMPS #2992341 for more information.

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