Goldman Sachs RE Arm Picks Up $44M NC Office Portfolio

Law360, New York (January 24, 2012, 6:41 PM EST) -- The real estate investment arm of Goldman Sachs Group Inc. has acquired a portfolio of six North Carolina office properties from Duke Realty Corp. for $44 million, a Duke official confirmed Tuesday.

The official, a spokesman for Duke's investor relations department, said the portfolio, acquired by an Archon Group LP subsidiary, includes 427,000 square feet of office space in six buildings in the Triangle area of North Carolina, which includes the Raleigh, Durham and Chapel Hill metropolitan areas.

The spokesman declined to comment on the deal's...
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