After selling a distribution facility last fall, Crown Realty and Development has added to its portfolio in the Imperial Center business park near Research Triangle Park.

The Irvine, Calif. company paid $7.475 million for a 182,000-square-foot warehouse at 4400 Emperor Boulevard. The property is fully leased to Phoenix Telecom Solutions, which moved in in March.

The space was previously occupied by Flextronics.

The seller was Meridian Development Group of Clearwater, Fla. Meridian bought the property in May 2007 for $6.2 million.

In December 2007, Crown Realty paid about $115 million for 13 office and industrial buildings at Imperial Center business park, off Interstate 40 at Page Road.

Last fall, Crown Realty sold one of those properties -- the Essex Center, a 450,000-square-foot distribution center -- to data storage company EMC for $22.6 million.