Other
$29.5MReported sale price
Durham, 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 Alexandria Sells $30M Research Triangle Park Site To Boston FirmPublication 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 | 3029 E. Cornwallis Road | Source: Bisnow Boston-based King Street Properties was the buyer of the property at 3029 E. Cornwallis Road |
| city | Durham | Source: Bisnow has sold its commercial site at Research Triangle Park in Durham for $29.5M |
| state | NC | Source: Bisnow Vacancy in the sector in the Raleigh-Durham area stood at 32.4% |
| asset type | Other | Source: Bisnow its commercial site at Research Triangle Park in Durham |
| event type | sale | Source: Bisnow has sold its commercial site at Research Triangle Park in Durham for $29.5M |
| event status | closed | Source: Bisnow has sold its commercial site at Research Triangle Park in Durham for $29.5M |
| event date | 2026-01-01 | Source: Bisnow Article publication date (reporting month, not closing date) |
| area basis | building | Source: Bisnow The sale included a 100K SF building |
| buyer | King Street Properties | Source: Bisnow Boston-based King Street Properties was the buyer of the property |
| seller | Alexandria Real Estate Equities | Source: Bisnow California-based Alexandria Real Estate Equities has sold its commercial site |
| price cents | $29,500,000 | Source: Bisnow has sold its commercial site at Research Triangle Park in Durham for $29.5M |
| area sf | 100000 | Source: Bisnow The sale included a 100K SF building that houses the regional research and development headquarters for DPR Construction. |
| land acres | 104 | Source: Bisnow Alexandria originally purchased the 104-acre site, which is largely undeveloped land |
| is portfolio | false | Source: Bisnow has sold its commercial site at Research Triangle Park in Durham for $29.5M |