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Innovatus Pays $55M for Palladian Corporate Center

Clarion Partners Sells 210,000 SF of Class A Office Space in Durham
By Dallas Simmons
January 22, 2018 | 9:50 P.M.

Innovatus Capital Partners LLC, a New York-based investment firm, acquired the Palladian Corporate Center office park in Durham, NC from Clarion Partners LLC for $55 million, or approximately $265 per square foot. The buyer also secured acquisition financing with Citizens Bank.

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