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Local Tech Wire

DURHAM, N.C. – (NYSE: EMC) has bought a 450,000-square-foot building in Durham as part of its announced expansion plans in the Triangle.

According to The News & Observer and the Triangle Business Journal, EMC bought the distribution center in the Imperial Center business park for $22.6 million from Crown Realty & Development.

Crown is based in California. It has owned the property since 2007.

EMC plans to use the structure for its new data center and an expanded research and development operation in the Triangle. The data storage technology giant announced plans to add nearly 400 jobs and invest some $280 million.

EMC already operates an R&D facility in RTP and a manufacturing plant in Apex.

According to The N&O, electronics manufacturer Sanmina-SCL leases more than 300,000 square feet of the Essec Center.

The Business Journal reported that EMC would use 260,000 square feet of the building.

The huge structure was once a warehouse for IBM, the Business Journal said.