Jewel box office asset in Raleigh trades for $24.225M
United States, Sept. 3 -- JLL Capital Markets announced that it has completed the $24.225 million sale of 702 Oberlin, a 58,625-square-foot boutique office building in Raleigh, North Carolina.JLL represented the seller, Beacon Partners, and procured the buyer, Pharr.Completely repositioned between 2023 - 2025, 702 Oberlin is a four-story boutique office asset featuring elevated buildouts and interior design, abundant surface parking and walkability to over 600,000+ square footage of retail and dining across the Village District. Following the comprehensive renovation, the property achieved 100% occupancy within 36 months. Key tenants include Atlantic Union Bank, Salas O'Brien, Utility Innovations, Aligned Technology Group, Prime MD and Pick...
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