Data storage company EMC Corp., which last month announced plans to expand its Triangle operations, has purchased a 450,000 square foot distribution center near Research Triangle Park in Durham.
The company bought the property, called Essex Center, for $22.6 million from Crown Realty and Development of Irvine, Calif. The distribution center is in the Imperial Center business park.
Crown Realty paid $113 million for 1.58 million square feet of office, flex and industrial space in Imperial Center in December 2007. Essex Center had a tax value of $19.45 million as of Jan 1.
The company said last month that it plans to add 397 jobs in the Triangle and build a $280 million data center in Durham County.
EMC, which has existing facilities in RTP and Apex, was offered more than $8 million in state and local incentives to expand its Triangle presence. Of the 397 new jobs created, about 280 are expected to be located in RTP and at Essex Center.
Sanmina-SCI, an electronics manufacturer, currently leases 315,000 square feet in Essex Center. The remaining 135,000 square feet is vacant.
Business reporter David Bracken came to the N&O in 2004. He covers commercial and residential real estate. Contact David at 919-829-4548 or 
