Golden Belt for sale? | News
News
INDY Week's news blog

Archives | RSS

Sunday, December 29, 2013

Golden Belt for sale?

Posted by on Sun, Dec 29, 2013 at 2:12 PM

Rumors that Golden Belt in Durham is on the market appear to be true, according to an online newsletter by Cassidy Turley, a real estate firm. The first page of company's third-quarter newsletter states that "Supported by strong institutional investor interest in the Raleigh/Durham area, a number of investment properties will be out to market in the fourth quarter, including Golden Belt."

The INDY confirmed the rumor from an independent source unaffiliated with the real estate firm or the property.

A secure, non-public URL also indicates the property is for sale.

Scientific Properties owns Golden Belt, which sits on seven acres at East Main and Fayetteville Street.

Golden Belt is a renovated historic textile mill that includes apartment lofts, artist studios, art galleries, retail shops, the Durham VOICE newspaper, a yoga studio and the City of Durham's Neighborhood and Improvement Services Department, among other tenants. 

According to Golden Belt's website, about 10,000 square feet of space is vacant.

We will update this story throughout the week online and in the Jan. 2 print edition.

Tags: , ,

Pin It

Comments

Showing 1-1 of 1

Add a comment

 
Subscribe to this thread:
Showing 1-1 of 1

Add a comment

INDY Week publishes all kinds of comments, but we don't publish everything.

  • Comments that are not contributing to the conversation will be removed.
  • Comments that include ad hominem attacks will also be removed.
  • Please do not copy and paste the full text of a press release.

Permitted HTML:
  • To create paragraphs in your comment, type <p> at the start of a paragraph and </p> at the end of each paragraph.
  • To create bold text, type <b>bolded text</b> (please note the closing tag, </b>).
  • To create italicized text, type <i>italicized text</i> (please note the closing tag, </i>).
  • Proper web addresses will automatically become links.

Latest in News



Twitter Activity

Comments

I live in Durham NC. We have a large growth in the last 6 years. The city have really gotten …

by Margaret Houston on Section 8 Voucher Holders Are Having a Hard Time Finding Housing in Durham (News)

@ Hunter23 "A combination of investors and loans" is not specific, and nowhere in the article is the phrase "private …

by RJO_III on North Carolina FC and John Kane Want to Put a Big Ol' Soccer Stadium in Downtown Raleigh (News)

Most Recent Comments

I live in Durham NC. We have a large growth in the last 6 years. The city have really gotten …

by Margaret Houston on Section 8 Voucher Holders Are Having a Hard Time Finding Housing in Durham (News)

@ Hunter23 "A combination of investors and loans" is not specific, and nowhere in the article is the phrase "private …

by RJO_III on North Carolina FC and John Kane Want to Put a Big Ol' Soccer Stadium in Downtown Raleigh (News)

The article clearly states the building would be privately funded with the state/local gov pitching in for infrastructure enhancement. The …

by Hunter23 on North Carolina FC and John Kane Want to Put a Big Ol' Soccer Stadium in Downtown Raleigh (News)

I truly admire the passion and support the message. But it seems standing on an overpass during rush hour traffic …

by Diane Alenezi on High Above I-40, Protesters Call for "Health Care 4 All" (News)

This will turn the Mordecai neighborhood & surrounding neighborhoods (one of the only places in downtown Raleigh with any character …

by RJO_III on North Carolina FC and John Kane Want to Put a Big Ol' Soccer Stadium in Downtown Raleigh (News)

© 2017 Indy Week • 320 E. Chapel Hill St., Suite 200, Durham, NC 27701 • phone 919-286-1972 • fax 919-286-4274
RSS Feeds | Powered by Foundation