Duke Medical Plaza

Durham, NC

Acquired December 2021

At a Glance

A nearly 60,000-square-foot, world-class, medical office building in Durham, North Carolina.

Investment Rationale

  • Well-located property occupied by a world class tenant - Duke University Health System (DUHS), an affiliate of Duke University, with 31 percent of local market share and ranked as the best hospital in North Carolina.

  • Recent lease extension and expansion with DUHS will increase the property’s occupancy to 96 percent, with a weighted average lease term of more than nine years.

  • Strategically located at the intersection of Interstate 40 and US 15-501 in the sought-after Research Triangle submarket.

Property Gallery


Duke Medical Plaza Property map 01