A Winston-Salem pharmacy has paid $5 million to purchase two office buildings, continuing a recent trend of local companies buying commercial real-estate sites for investment purchases.
The transaction, according to a Forsyth County Register of Deeds filing Tuesday, involves a 13,724-square-foot building at 160 Carriage Court and a 37,000-square-foot building at 165 Carriage Court.
Both buildings are in Oak Summit Business Park. Amarr Garage Doors and Commercial Doors is the primary tenant of the 165 Carriage Court building.
The buyers are Medsolutions Compounding Pharmacy Inc. and Zouz LLC, both of Winston-Salem. The seller is Ram North Carolina LLC, also of Winston-Salem.
Medsolutions is owned and operated by Hytham Mouna, who founded the family run pharmacy in 2008.
Mouna said Wednesday that Amarr will remain the long-term tenant. “They are welcome to stay as long as they want,” Mouna said.
The main local company buying commercial real-estate properties for investment purchases has been the real-estate investment arm of Kaplan Early Learning Co.
Among the Kaplan affiliate’s recent purchases include spending $11 million to purchase a 90,000-square-foot building at 190 Oak Plaza Blvd., which has Collins Aerospace as the lone tenant.
Another Kaplan real-estate affiliate paid $6.17 million to buy the One Salem Tower building in downtown Winston-Salem. The three-story, 55,000-square-foot building is located at 119 Brookstown Ave. The purchase also includes an adjacent 0.49-acre tract that serves as a parking lot.
Other recent Kaplan real-estate affiliate purchases include Capital Investors NC LLC spending $2.5 million in April 2022 to purchase the 17,000-square-foot enrichment center of the historic Goler Memorial AME Zion Church.
Kaplan’s 50-acre campus in Lewisville houses its corporate headquarters, additional warehouse space and distribution, and the Kaplan Outlet Store. The five Kaplan divisions are Early Learning Co., Guidecraft, AlphaBEST Education, Gryphon House and Teachstone.
“We are not looking in any way, shape or form to relocate,” said Matthew Marceron, president and chief executive of Kaplan. “We plan to stay put.”
rcraver@wsjournal.com 336-727-7376 @rcraverWSJ
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