RE Business Online
DURHAM, N.C. — Ram Realty Partners II, a fund sponsored by Palm Beach Gardens, Fla.-based Ram, has acquired the 134,295-square-foot Durham Festival Shopping Center from an undisclosed party for an undisclosed amount. The shopping center is located on Hillsborough Road in Durham. Kroger anchors the property, which is also occupied by Millennium Sports Club, Dollar General and SunTrust Bank. Ram Realty Partners II currently holds $175 million in assets.