February 19, 2020
Real estate development, leasing and management firm Magnolia Partners has acquired 370 and 380 Knollwood, a two-building, 250,049-square-foot office campus in Winston-Salem. The sales price was not disclosed.
Currently, 370 Knollwood is fully occupied by Krispy Kreme Doughnut Corp. Tenants Bank of America/Merrill Lynch, Allman Spry Davis Leggett & Crumpler and Nelson Mullins law firm currently occupy 380 Knollwood. Amenities at the campus include ground-level retail, a number of full-service restaurants, an attached parking deck, security and an energy management system.
Ben Kilgore, Greg Wilson, Will Henderson, Chandler Hawkins and Leslie Holmes of CBRE|Raleigh and CBRE|Triad represented the undisclosed seller in the transaction.
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