A Florida real estate investment firm has paid $42.3 million for a Wells Fargo (NYSE: WFC) mortgage operations campus in west Raleigh that was sold two years ago as part of a distress sale. Daytona Beach-based Consolidated-Tomaka Land Co. (NYSE MKT: CTO) purchased the three-building office campus from an affiliate of National Financial Realty Inc. of Torrance, California. NFR had paid $36.8 million for the buildings in 2013 and then upgraded the buildings to LEED Gold-certification status. The… ......
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