{"id":1004289146,"date":"2019-01-03T03:07:54","date_gmt":"2019-01-03T11:07:54","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004289146"},"modified":"2022-12-09T01:04:25","modified_gmt":"2022-12-09T09:04:25","slug":"duke-university-leased-building-in-durham-changes-hands","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/duke-university-leased-building-in-durham-changes-hands\/","title":{"rendered":"Duke University-Leased Building in Durham Changes Hands"},"content":{"rendered":"<p>By Laura Calugar<\/p>\n<div id=\"attachment_1004289149\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/01\/4220-N-Roxboro.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004289149\" data-attachment-id=\"1004289149\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/duke-university-leased-building-in-durham-changes-hands\/4220-n-roxboro\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/01\/4220-N-Roxboro.jpg\" data-orig-size=\"1200,899\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;8&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;NIKON D810&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1444323108&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;16&quot;,&quot;iso&quot;:&quot;160&quot;,&quot;shutter_speed&quot;:&quot;0.0025&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"4220 N Roxboro\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/01\/4220-N-Roxboro.jpg?w=1024\" class=\"wp-image-1004289149 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/01\/4220-N-Roxboro.jpg\" alt=\"4220 N. Roxboro St. \" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/01\/4220-N-Roxboro.jpg 1200w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/01\/4220-N-Roxboro.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/01\/4220-N-Roxboro.jpg?resize=768,575 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/01\/4220-N-Roxboro.jpg?resize=1024,767 1024w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004289149\" class=\"wp-caption-text\">4220 N. Roxboro St.<\/p><\/div>\n<p>CPI Medical Fund One has purchased a 25,408-square-foot medical office building located at 4220 N. Roxboro St. in Durham, N.C. CBRE|Raleigh Capital Markets Group Executive Vice President Ben Kilgore assisted seller Matan Cos. in the deal. The property includes an expansion area that is fit for up to 17,000 additional square feet.&nbsp;<\/p>\n<p>Located less than 1 mile from Duke University Durham Regional Hospital and providing easy access to Interstate 85, the facility has been fully leased to Duke University Health System for more than 25 years. The current lease expires in December 2028. The building contains both an outpatient clinic and internal medicine facility, as well as an on-site laboratory, nurse education and social worker evaluation facilities. The asset serves as Duke\u2019s only outpatient clinic in their network, besides Duke Health\u2019s main campus location. &nbsp;<\/p>\n<p>In another deal last year, Kilgore and four other CBRE Raleigh team members <a href=\"https:\/\/www.commercialsearch.com\/news\/brookdale-group-buys-raleigh-office-park\/\">facilitated the sale of WestChase Office Park<\/a>, a Class A, three-building campus in Raleigh, N.C.<\/p>\n<p><em>Image courtesy of CBRE <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>CBRE facilitated the sale of 4220 N. Roxboro St., a roughly 25,000-square-foot medical office building, just minutes from the Duke University Medical center. <\/p>\n","protected":false},"author":238,"featured_media":1004289149,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21754,21742,1604],"tags":[41930,35046,34082],"class_list":["post-1004289146","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-medical-office","category-latest","category-raleigh-durham","tag-ben-kilgore","tag-cbre-capital-markets","tag-matan-companies"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Duke University-Leased Building in Durham Changes Hands - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/duke-university-leased-building-in-durham-changes-hands\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Duke University-Leased Building in Durham Changes Hands\" \/>\n<meta property=\"og:description\" content=\"CBRE facilitated the sale of 4220 N. Roxboro St., a roughly 25,000-square-foot medical office building, just minutes from the Duke University Medical center.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/duke-university-leased-building-in-durham-changes-hands\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2019-01-03T11:07:54+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T09:04:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/01\/4220-N-Roxboro.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"899\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Laura Valean\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/duke-university-leased-building-in-durham-changes-hands\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/duke-university-leased-building-in-durham-changes-hands\\\/\"},\"author\":{\"name\":\"Laura Valean\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/2f8b737fce677cc406c08a2c29c1ff38\"},\"headline\":\"Duke University-Leased Building in Durham Changes Hands\",\"datePublished\":\"2019-01-03T11:07:54+00:00\",\"dateModified\":\"2022-12-09T09:04:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/duke-university-leased-building-in-durham-changes-hands\\\/\"},\"wordCount\":187,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/duke-university-leased-building-in-durham-changes-hands\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2019\\\/01\\\/4220-N-Roxboro.jpg\",\"keywords\":[\"Ben Kilgore\",\"CBRE Capital Markets\",\"Matan Companies\"],\"articleSection\":[\"Deals\",\"Medical Office\",\"News\",\"Raleigh-Durham\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/duke-university-leased-building-in-durham-changes-hands\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/duke-university-leased-building-in-durham-changes-hands\\\/\",\"name\":\"Duke University-Leased Building in Durham Changes Hands - 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