93
DURHAM, N.C. — New York-based Queen Ali Equities has purchased Balfour West Townhomes, a 4-acre, 48-unit apartment community in Durham, from Chapel Hill, N.C.-based Fortune Bay Associates, for $4 million. The complex was 100 percent leased at the time of sale and is located at 3419 Balfour West, near Interstate 40 and I-85. Jim Scofield of Sperry Van Ness’ Raleigh, N.C., office represented the seller, and the buyer was represented by Percival McGuire Commercial Real Estate.