TradeMark Properties Brokers $33.05 million Sale of Evergreens at Mt. Moriah Apartments in Durham
Durham, NC, July 17, 2014 --(PR.com
)-- TradeMark Properties announces that it and Brookfield Financial recently represented Evergreens at Mount Moriah, LLC in the $33.05 million sale of the Evergreens at Mt. Moriah apartments in Durham. The apartments are located on Mt. Moriah Road, just off 15-501 and I-40.
John Daly, real estate advisor with TradeMark Properties, brokered the deal. “This is a well-established, quiet community that is truly an asset to the Triangle commercial real estate market,” said Daly. “We are proud to have played a role in this deal because this property deserves another reputable owner that will maintain the high-quality atmosphere that surrounds these apartments.”
Oak Residential Partners, LLC, which is based in Deerfield, Illinois, purchased the property from Evergreens at Mount Moriah, LLC, which is located in Durham. The Evergreens at Mt. Moriah offers one, two and three bedroom apartment floor plans.
To view a complete listing of available commercial real estate properties in the Triangle, visit www.trademarkproperties.com. Sale and lease listings include detailed information regarding price, square footage and location.
About TradeMark Properties
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, such as sales, leasing, and asset management, including facility management and maintenance services. Its advisors are market experts in their areas of industry specialization, which include commercial leasing of office, industrial, retail as well as multi-family and investment property sales.