2530 Meridian
2530 Meridian is a four-story, suburban office building located in the Meridian Corporate Center office park in the South Durham submarket of Raleigh-Durham, NC. The property 105,189 square foot building was built in 1999. It is located one mile south of the Raleigh-Durham International Airport with immediate access to I-40 and I-540, the primary interstates serving the Raleigh, Durham, Chapel Hill area. The objective is to improve the property’s competitive position by implementing select strategic capital improvements and executing on significant mark-to-market opportunities on rental rates. The re-positioning of this property will result in a core asset with a 4-6 year investment horizon.
PROPERTY TYPE:
Office
STRATEGY:
Value-add
STATUS:
Sold
REGION:
Mideast