Hart Realty Advisers, LLC announces the acquisition of an office building in Raleigh, North Carolina

SIMSBURY, CT / September 18, 2017 – Hart Realty Advisers, LLC, representing an institutional investor, acquired two adjacent class “B” office buildings totaling 154,553 square feet.  The buildings are located on Slater Road in Morrisville, North Carolina and were constructed in 1998 and 2000.  They are located one mile south of the Raleigh-Durham International Airport with immediate access to I-40 and I-540, in the dynamic Research Triangle submarket of Raleigh, North Carolina.  A value add strategy is being executed on this property to position it as a core asset by increasing occupancy and implementing cosmetic improvements.