Purdue Pharma Manufacturing acquired 52 acres in Durham, NC, where it plans to construct a new 150,000-square-foot pharmaceutical manufacturing facility. Purdue purchased the site for $2.69 million, or about $52,000 per acre.
The parcel is on the northeast corner of International Dr. within the Treyburn Corporate Park, a 5,300-acre corporate park and golf course community in North Durham.
James Allaire of Cushman & Wakefield Thalhimer represented the buyer.
Please see CoStar COMP #2940194 for more information on this transaction.