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Klopfer Associates Pays $10.55M for Durham Flex Industrial Park

Private Individual Owner Sells Commercial Park West
January 8, 2014
Miramar, FL-based Klopfer Associates acquired Commercial Park West in Durham, NC for $10.55 million, or about $105 per square foot.

The office and flex park delivered in 1984 and includes two buildings located at 4915 Prospectus Dr. and 2300 Englert Dr. in south Durham. The buildings are a combined 100,497 square feet and host a tenant roster that includes an array of consulting, technology and scientific analysis companies.

J.D. Miller and Ann-Stewart Patterson of CBRE|Raleigh represented the seller in this transaction.

Please see CoStar COMPS #2924172 for more information.
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