Grocery-Anchored Retail

Patterson Place

Durham, NC

Acquired May 2022

At a Glance

A 25,000-square-foot retail center in Durham, North Carolina acquired for $14.5 million.

Investment Rationale

  • Anchored by Duke Medical Plaza and includes national retailers like Five Guys, AT&T and Moe’s.

  • Property’s location just off of Interstate 40 puts it at the center of a key regional connector between Durham, Research Triangle Park and Raleigh and makes it accessible to Duke University and University of North Carolina, both of which are just a 10-minute drive.

Property Gallery


Duke Medical Plaza Property map 01