Clear Path Asset Management (“Clear Path”), a boutique real estate investment manager founded by Dan Magid, announced today the recent acquisition of the single-tenant creative office occupied by Siemens Energy, and located at 8841 Wadford Drive in Raleigh, North Carolina. This transaction marks Clear Path’s second acquisition in Raleigh, and sixth acquisition in the Carolinas.
“This acquisition is a good example of the unique opportunities we can source through our broker network, and our own hard work,” said Dan Magid. “This high-quality office in a growing market appeared to be vacant, but we learned about an interested – and impressive – prospective tenant, and we jumped on the opportunity quickly. We expect to have an extremely reliable income stream for years to come, and to participate in Raleigh’s continued growth.”
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