DURHAM DISTRIBUTION CENTER ACQUIRED FOR $14 MILLION

DURHAM, N.C. — New York City-based Crown West Realty has acquired the 325,000-square-foot CenterPoint Distribution Center, located at 1805 T.W. Alexander Dr. in Durham, from Illinois-based Medline Industries for $14.5 million. The Class A warehouse was built in 2000 and is 100 percent occupied by the medical suppliers Teleflex and Medline Industries. Chris Norvell of Colliers Pinkard’s Raleigh office represented the seller.