Triad Business Journal CityPlat has paid $14 million, or $118.64/sf, for the 118,000-square-foot former Kmart store building at 4500 Western Blvd. in Raleigh, N.C. The local investor purchased the shuttered retail property from Jack A. Sneeden Corp., a Wilmington, N.C., company that had owned it since the late 1960s. The new owner will invest an […]
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