Value Add Office

2530 Meridian Parkway
Durham, North Carolina

2530 Meridian

Oct 03, 2018

2530 Meridian is a four-story, suburban office building, located in the Meridian Corporate Center office park in the South Durham submarket of Raleigh-Durham, NC.  The property was built in 1999 and contains 105,189 square feet.  It is located one mile south of the Raleigh-Durham International Airport with immediate access to I-40 and I-540, the primary interstates serving the Raleigh, Durham, Chapel Hill area. The objective is to improve the property’s competitive position by implementing select capital improvements, raising the rent roll up to market level, and re-positioning the property to a core asset for sale within a 4-6 year investment horizon.