CBCTMP Brokers $6.5 Million Multi-Family Sale Of Regency Place Apartments
Michael Wright And Jay Sprayberry Represent Buyer
[ClickPress, Wed Sep 09 2009] Billie Redmond, CEO and Brian Farmer, President of Advisory Services of Coldwell Banker Commercial TradeMark Properties (www.cbctmp.com), have announced that Michael Wright and Jay Sprayberry (SprayWright Team), commercial real estate advisors for the firm, represented the buyer in a large multi-family sale of Regency Place Apartments. The apartment complex is located at 3523 North Roxboro Street, Durham, NC. The 128-unit apartment sale took place in the second quarter of 2009 to European Investment Management, Corporation (EIMC), a prominent real estate investment group based in Florida.
To view a complete list of commercial real estate properties in the Triangle, visit www.cbctmp.com. Sale and lease listings include detailed information regarding price, square feet and location.
About Coldwell Banker Commercial TradeMark Properties:
Coldwell Banker Commercial TradeMark Properties offers a full range of real estate and investment advisory services. From acquisition evaluation and due diligence tasks, through value enhancement and disposition strategies, TradeMark guides its clients through every phase of real estate investment opportunities. Partnering with strategic alliances, TradeMark offers coordination of services such as equity development, financing, credit management, architectural and engineering services, development or project management oversight and relocation services.
TradeMark is organized around advisory services — sales and leasing, asset management including facility management services and maintenance services — performed by in-house personnel. Its advisors are market experts in their areas of industry specialization, which include commercial, residential, retail, forestry and investment property sales. The executive management team of Coldwell Banker Commercial TradeMark Properties has more than 200 years of combined real estate experience. The Triangle Business Journal named the firm Best Place to Work in 2004 and for the past three years the publication has ranked the firm as the No.1 Commercial Real Estate Company in the Triangle. TradeMark is also recognized as one of the Top 25 Women Owned Businesses in North Carolina. For more information, please call (919) 782-5552 or visit www.cbctmp.com.
MMI Associates, Inc.