DURHAM, NC-Chicago-based Harrison Street Real Estate Capital LLC has sold The Warehouse, a 55-unit student housing apartment complex at 316 West Rosemary St. in Chapel Hill, to New York-based ING Clarion Partners for an amount of $19.9 million. The Warehouse, constructed in 1999, is presently 100% occupied.
The apartment complex features a combination of two-, three- and four-bedroom units with prices ranging between $763 and $822 per month.For the full story, go to Triangle Business Journal.
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