Novant Health, Inc. acquired 6.9 acres on Kernersville Medical Pky in Kernersville, NC from Trade Street Development Corp. for $2,117,000, or about $305,000 per acre.
Lot 2B is located at the corner of Macy Grove Road, adjacent to the Kernersville Medical Center.
Neither party secured third-party representation in the direct sale.
Please see CoStar COMPS #2295493 for additional information on this transaction.