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Durham Costco, Home Depot properties trade for nearly $24 million

·2 min read
Durham Costco, Home Depot properties trade for nearly $24 million

Two single-tenant big box stores in Durham have sold for a combined price of $23.93 million. Virginia-based real estate investment trust Armada Hoffler (NYSE: AHH) sold its Durham Home Depot and Costco properties at the end of June. Located in the North Pointe Shopping Center, the two big box stores were sold to LLCs registered to local law office Hatch, Little & Bunn.