By james art DURHAM, NC — CBRE is arranging the $33 million sale of a biomanufacturing facility located in Research Triangle Park (RTP) in Durham. Silver Spring, Md.-based United Therapeutics Corp. purchased the property, which totals 95,500 square feet, with plans to occupy it.
Located at 78 TW Alexander Drive, the facility is due for delivery in 2023 and features a 36-foot clear height, seven loading docks and the option to expand to 190,500 square feet.
Anne-Stuart Patterson and John Hogan of CBRE represented the seller, Oxford Properties Group, in the transaction. RTP is the nation’s largest biomedical research campus, spanning 7,000 acres and hosting more than 300 companies, including Biogen, Cisco Systems, Dell, IBM, Pfizer, and Wolfspeed, among others.