JLL has closed the $9.3-million sale of 5520 Capital Center Drive, a fully leased office building totaling approximately 36,008 square feet in Raleigh, NC.
Daniel Flynn, John Mikels, Matt Winters, Ryan Clutter and Chris Lingerfelt of JLL represented the seller and procured the buyer, Raleigh, NC-based Clear Path Asset Management, in the off-market transaction.
5520 Capital Center Drive sits on a 3.67-acre site in the West Raleigh submarket, which has close proximity to Research Triangle Park, RDU International Airport and Downtown Raleigh. In addition, the property is near interstates 40 and 440 for access to the entire Raleigh-Durham metropolitan area and beyond.
The two-story building is fully leased to a high-profile tech company and offers exposed ceilings, open floorplans and a creative office atmosphere. On-site amenities include a fitness center, state of the art tenant lounge and outdoor tenant amenity space.
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