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Atlanta & Southeast  + Carolinas  + Office  |  July 5, 2022
Clear Path Asset Management has purchased an office building at 5520 Capital Center Drive in Raleigh, NC for $9.3 million.
Lisa McDuffie
By: Lisa McDuffie

Clear Path Asset Management Buys $9M Off-Market Office in Raleigh

JLL has closed the $9.3-million sale of 5520 Capital Center Drive, a fully leased office building totaling approximately 36,008 square feet in Raleigh, NC.

Daniel Flynn, John Mikels, Matt Winters, Ryan Clutter and Chris Lingerfelt of JLL represented the seller and procured the buyer, Raleigh, NC-based Clear Path Asset Management, in the off-market transaction.

5520 Capital Center Drive sits on a 3.67-acre site in the West Raleigh submarket, which has close proximity to Research Triangle Park, RDU International Airport and Downtown Raleigh. In addition, the property is near interstates 40 and 440 for access to the entire Raleigh-Durham metropolitan area and beyond.

The two-story building is fully leased to a high-profile tech company and offers exposed ceilings, open floorplans and a creative office atmosphere. On-site amenities include a fitness center, state of the art tenant lounge and outdoor tenant amenity space.

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About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.
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