Industrial
$28.4MReported sale price
Morrisville, NCPROPERTY DATA
Property data card. A licensed photograph has not been added.
Transaction reported by the linked primary source.
The people behind the deal
Roles are those credited in the source announcement. This is not a complete list of transaction participants.
Sources behind the record.
Source: Bisnow Raleigh Industrial Building Sells For $12M More Than In 2021Publication date not disclosed
Reported announcement, not an independent deed verification. Figures and dates retain the source’s level of precision.
Inspect the field-by-field source references
| Field | Reported value | Source reference |
|---|---|---|
| address | 120 Trans Air Drive | Source: Bisnow The single-story property sits at 120 Trans Air Drive |
| city | Morrisville | Source: Bisnow acquired a 164K SF industrial building in Morrisville, a suburb of Raleigh in the Research Triangle, for $28.4M |
| state | NC | Source: Bisnow acquired a 164K SF industrial building in Morrisville, a suburb of Raleigh in the Research Triangle, for $28.4M |
| asset type | Industrial | Source: Bisnow a 164K SF industrial building in Morrisville |
| event type | sale | Source: Bisnow Ares Management Corp. has acquired a 164K SF industrial building in Morrisville |
| event status | closed | Source: Bisnow Ares Management Corp. has acquired a 164K SF industrial building in Morrisville |
| event date | 2025-11-01 | Source: Bisnow Article publication date (reporting month, not closing date) |
| area basis | building | Source: Bisnow a 164K SF industrial building |
| tenant | Cencora | Source: Bisnow serves as the Raleigh location of the Pennsylvania-based drug wholesaling company Cencora |
| buyer | Ares Management Corp. | Source: Bisnow Ares Management Corp. has acquired |
| seller | EQT Real Estate | Source: Bisnow The seller of the building was Pennsylvania-based EQT Real Estate |
| price cents | $28,400,000 | Source: Bisnow acquired a 164K SF industrial building in Morrisville, a suburb of Raleigh in the Research Triangle, for $28.4M |
| area sf | 164000 | Source: Bisnow a 164K SF industrial building |
| land acres | 9.5 | Source: Bisnow The building, which sits on 9.5 acres |
| is portfolio | false | Source: Bisnow The building, which sits on 9.5 acres |