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DRA Sells Raleigh Multifamily for $17M

Midtown Crossing Acquired by Eliason 1031 Properties Corp.
By Victoria Cottman
December 3, 2008 | 4:48 P.M.

DRA Advisors sold the Midtown Crossing apartment complex at 317 Lynn Road in Raleigh, NC, to Eliason 1031 Properties Corp. for $17.75 million, or about $78,000 per unit.

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