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JLL Brokers $24M Sale of North Carolina Office Property

JLL has arranged the $24 million sale of 6501 Weston Parkway., a 93,582-square-foot office property in Cary, North Carolina.

The property offers three stories of office space that is currently 100% leased to a diverse tenant roster of companies comprising the telecommunications, staffing and biopharmaceutical industries. The building is located on a nearly nine-acre site and is nearby Interstates 40 and 540 about five miles south of the Raleigh-Durham International Airport.

Chris Lingerfelt, Ryan Clutter and Ryan Eklund of JLL represented the seller, Albany Road Real Estate Partners, in the transaction. The buyer was 6501 Weston LLC and was represented by NAI Tri Properties.

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JLL’s Lingerfelt

About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.

  • ◦Sale/Acquisition