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Healthcare Trust of America Pays $11.5M for Raleigh Office Building

Wake Internal Medicine Consultants Agrees to Sale Leaseback
July 18, 2014
Healthcare Trust of America, an Arizona-based firm, purchased a three-story office building in Raleigh, NC, from Wake Internal Medicine Consultants for $11.5 million, or about $282 per square foot.

The 40,971-square-foot office building delivered in 1985 at 3100 Blue Ridge Rd. and houses Wake Internal Medicine Consultants as a primary tenant, according to CoStar information. Wake Internal agreed to a sale leaseback.

Gary Lyons of Avison Young represented the seller. The buyer was self-represented.

Please see CoStar COMPS #3056820 for more information on this transaction.
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