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Alexandria Real Estate Sells 104-Acre Research Triangle Park Life-Sciences Site to King Street Properties for $29.5m
Alexandria Real Estate sold its 104-acre life-sciences-zoned site (including a 100,000 sq ft building housing DPR Construction's regional HQ) at Research Triangle Park, Durham, to Boston-based King Street Properties for $29.5 million -- a steep discount to the $91 million Alexandria paid in 2021, amid 32.4% life-sciences vacancy in the Raleigh-Durham market.
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Provenance
- Publisher
- Bisnow
- Obtained from
- Bisnow
- Published
- Jan 19, 2026
- Last updated
- Jul 18, 2026 (1 month ago)
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