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The 12-story, 327,160 square foot Hock Plaza I in Durham, N.C., was recently acquired by Hines Global REIT Properties LP.
Photo courtesy of Hock Development Corp.

Transactions: Hines closes on $97.9M acquisition

SUBSIDIARY BUYS DUKE UNIVERSITY-ANCHORED HOCK PLAZA I IN DURHAM, N.C. By Murray W. Wolf Hines Global REIT Properties LP recently closed on the previously announced acquisition of the 12-story, 327,160 square foot (rentable) Hock Plaza I at 2424 Erwin Rd. in Durham, N.C. The net purchase price was $97.9 million, exclusive of transaction costs, financing fees […]