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REXWOODS PORTFOLIO

Raleigh, NC

Property Type
Loan Type
Loan Purpose
Closing Date
Office / Medical Office
Senior
Acquisition
April 2024

Active

Loan Amount
$22,500,000

About

The four-building Rexwoods Portfolio is located within the Research Triangle and is 0.3 miles from UNC Rex Hospital and 1 mile from North Carolina State University. There are four buildings in the portfolio, totaling 165,570 SF.

Blue Ridge II – 20,193 SF medical office building constructed in 1988 with 75 parking spaces
Rexwoods III – 2-story, 41,542 SF medical office building constructed in 1992 with 144 parking spaces
Rexwoods IV – 3-story, 41,775 SF building constructed in 1995 with 158 parking spaces and six storage units
Rexwoods V – 3-story, 61,060 SF building constructed in 1998 and fully renovated in 2020 with 280 parking spaces

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