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Purdue Pharma Buys 52 Acres in Durham

Buyer Plans New Manufacturing Facility in Treyburn Corporate Park
January 22, 2014
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.

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