New Wave Surgical, a Florida-based surgical device company that was co-run by a Durham-based real estate investment executive, sold recently to the global health care products company Covidien.
Andrew Widmark was chairman and co-CEO of the Pompano Beach, Fla.,-based New Wave Surgical before the acquisition. The company developed and sold a device designed to keep laparoscopic surgical lenses clean and clear of fog.
The former tobacco auction warehouses on Rigsbee Avenue known as Liberty Warehouse sold Friday for $3.5 million to the Chapel Hill-based firm that plans to redevelop the property.
Durham County home sales ticked up 4.5 percent in March year-over-year while home sales across four counties in the Triangle were down 1 percent.
Compared with February, however, sales were up both in the Triangle and in Durham, according to Triangle Multiple Listing Service data.