The CBRE U.S. Healthcare Capital Markets Group acted as the exclusive advisor for the sale of Hock Plaza in Durham, North Carolina.
| Sale Date: | December 21, 2017 |
| Property Size: | 327,160 SF |
| Occupancy: | 99% |
The CBRE U.S. Healthcare Capital Markets Group is pleased to announce the sale of Hock Plaza (the “Property”). Lee Asher and Chris Bodnar of the CBRE U.S. Healthcare Capital Markets Group partnered with Jay O’Meara and Will Yowell of the CBRE Institutional Properties Group and Ben Kilgore in the North Carolina Market to act as the Seller’s exclusive advisors.
The Property is a Class A medical and educational office building occupied by Duke University (Moody’s: Aa1; #9 ranked university in the nation by US News & World Report), a prestigious and world-renowned private research university and medical center in Durham, North Carolina. The anchor tenant of the building since its completion in 2004, Duke University, is a long-term and committed tenant at Hock Plaza hosting a diversity of departments and essential functions for the Duke University Medical School and world-renowned Duke University Medical Center. Located immediately adjacent to Duke University Hospital, Hock Plaza is integrated into the master-planned campus and ideally positioned for the institution’s shifting demand for administrative offices into nearby off-campus locations.
More information about the sale can be found HERE.
For more information, or if we can help with your healthcare real estate holdings, please contact us.
CONTACT US
U.S. HEALTHCARE CAPITAL MARKETS GROUP
LEE ASHER
Executive Vice President
Investment Properties
+1 404 504 5965
lee.asher@cbre.com
CHRIS BODNAR
Vice Chairman
Investment Properties
+1 303 628 1711
chris.bodnar@cbre.com
GREG GREENE
Senior Vice President
Debt & Structured Finance
+1 214 979 5617
greg.greene@cbre.com.
RYAN LINDSLEY
Senior Director
Investment Properties
+1 303 628 1745
ryan.lindsley@cbre.com
SABRINA SOLOMIANY
Senior Director
Investment Properties
+1 405 536 5054
sabrina.solomiany@cbre.com
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