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Two LakePoint office buildings sold

One and Two North Falls Plaza in the LakePoint Office Park off West Tyvola Road have been sold to Griffin Capital Essential Asset REIT Inc. of El Segundo, Calif., for $33.2 million.

The two Class A office buildings totaling nearly 225,000 square feet on 13 acres along Water Ridge Parkway in the late 1990s and were sold by Mainstreet Capital Partners of Fort Lauderdale, Fla.

The Cassidy Turley Capital Markets team of Rob Cochran in Charlotte; Jud Ryan and Paul Collins in Washington, D.C.; and David Finger of Raleigh represented Mainstreet Capital, according to a release from Cassidy Turley. The space is 100 percent leased to the Vanguard Group Inc., an international investment management firm.

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