Cushman & Wakefield Arranges $22M Sale of Multifamily Property in Durham
DURHAM, N.C. — Cushman & Wakefield has brokered the $22 million sale of Bainbridge in the Park, a 216-unit apartment community in Durham. Marc Robinson, Jordan McCarley and Watson Bryant of Cushman & Wakefield arranged the transaction on behalf of the seller, PRG Real Estate. Dasmen Residential acquired the property. Constructed in 1986, Bainbridge in the Park is located roughly three miles from the Meridian Corporate Center and Research Triangle Park. At the time of sale, the property was 94.9 percent occupied.