City Office REIT completed the acquisition of Bloc 83 for $330m.

City Office REIT, a real estate investment trust, completed the acquisition of Bloc 83, a premier two-building office complex located in Raleigh, North Carolina, for $330m. "Adding Raleigh to our footprint of high growth markets in the south and west strategically enhances our portfolio. The acquisition of Bloc 83 gives City Office immediate scale in one of the best locations in Raleigh. It is a spectacular asset that will be in high demand by office users both today and in the future," James Farrar, City Office REIT CEO.