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Investor Snags North Carolina Office Campus Leased to Grocery Chain, Healthcare System

Campus Traded For a Below-Average Sum Amid Coronavirus Pandemic
The office building at 1381 Old Mill Circle, which is one of four buildings in the Consolidated Center office campus. (CoStar)
The office building at 1381 Old Mill Circle, which is one of four buildings in the Consolidated Center office campus. (CoStar)
CoStar News
April 23, 2020 | 5:51 P.M.

A real estate investment firm based in Milwaukee acquired an office campus in Winston-Salem, North Carolina — a relatively steady market with sturdy office fundamentals. The city’s economy, which is mostly built around healthcare and manufacturing, may prove resilient amid the coronavirus pandemic, which is shutting down businesses and cutting jobs throughout the United States.

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