Four North Raleigh office buildings have been taken back by their lender, according to Wake County property records.

The lender, Highwoods Office Center LLC, was the high bidder at a foreclosure auction held last month. The price was $22 million.

The buildings, located just beyond the Beltline between Atlantic Avenue and Capital Boulevard, are part of the 150-acre Highwoods Office Park. They were built between 1982 and 1999 and contain about 256,000 square feet.

Craig Davis Properties and First Point Partners, a New York real estate firm, bought the buildings in February 2007 from Highwoods Properties for $30.4 million. Craig Davis has said his Cary company owns less than 7 percent of the buildings.

The lender on the deal was Column Financial, the commercial real estate lending arm of investment bank Credit Suisse. It shut down last year, and Wells Fargo is now acting on behalf of investors who hold the $29 million loan on the four properties.

An Arizona real estate investment trust has paid $16.65 million for a Raleigh medical office building.

Healthcare Trust of America purchased the 89,000-square-foot Raleigh Medical Office building at 3100 Duraleigh Road.

The seller was Craig Davis Properties, which paid $10.2 million for the property in 2006.

The three-story building, located two blocks from Rex Hospital, is 91 percent leased.

The building's largest tenants are Wake Research Associates, Triangle Orthopedic Associates, P.A. and Carolina Ear and Hearing Clinic are the largest tenants.

The lender was the high bidder at a foreclosure auction held this morning for four North Raleigh office buildings.

The buildings, located just beyond the Beltline between Atlantic Avenue and Capital Boulevard, are part of the 150-acre Highwoods Office Park. They were built between 1982 and 1999 and contain about 256,000 square feet.

The high bid by the lender was $22 million, according to Barry Mann, substitute trustee.

The auction of four foreclosed upon North Raleigh office buildings owned by Triangle developer Craig Davis Properties has been postponed until Oct. 15 at 10 a.m.

The auction was originally scheduled to take place today at 10 a.m. at the Wake County courthouse.

A small crowd of commercial real estate folks had gathered just inside the courthouse for the auction before a trustee arrived to note the postponement.

The lender has 90 days to complete the auction. Such postponements are not unusual, particularly when significant assets are involved.

The four buildings contain about 256,000 square feet.

They are part of the 150-acre Highwoods Office Park located just beyond the Beltline between Atlantic Avenue and Capital Boulevard.

Craig Davis and First Point Partners, a New York real estate firm, bought the buildings in February 2007 from Highwoods Properties for $30.4 million. The Cary developer and First Point borrowed $29 million from Column Financial, according to Wake County property records.

Four buildings in the Highwoods Office Center that are owned by Craig Davis Properties are scheduled to be auctioned off on Sept. 17.

The buildings, part of the the 150-acre Highwoods Office Park in Raleigh, contain about 256,000 square feet.

Craig Davis Properties and New York-based First Point Partners bought the buildings in February 2007 from Raleigh-based Highwoods Properties for $30.4 million. The Cary developer and First Point borrowed $29 million from Column Financial Inc. as part of the deal, according to Wake County property records.

The properties were build between 1982 and 1999 and had been owned and managed by Raleigh-based Highwoods until Craig Davis bought them.

They were 80 percent leased at the end of June, according to a Grubb & Ellis Thomas Linderman Graham survey of Triangle properties.