Highwoods Properties Sells Four Flex Buildings in Durham, N.C., Area.(Knight Ridder/Tribune Business News)

From: Knight Ridder/Tribune Business News | Date: October 6, 2000| Author: Cannon, Steve | Copyright information

Oct. 6--DURHAM, N.C.--A Boston investment fund is paying $28 million for a cluster of four single-story buildings off Miami Boulevard, the first of what is expected to be 1 million square feet of acquisitions in North Carolina in the next year.

New Boston Fund bought the Triangle Business Center, with 394,000 square feet of flex buildings on Stirrup Creek Drive next to Research Triangle Park, from Highwoods Properties as an investment property. "Flex" is a real-estate te...

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