Principal Financial Group Acquires Capital Marketplace Retail Center In Raleigh For $80.6M

The property asset involved in this transaction is a retail center located at 6250 Plantation Center Drive in Raleigh, NC. It was sold for a total of $80,600,000. The asset consists of 383,000 square feet, resulting in a price per square foot of $210.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $80,600,000
• Buyer: Principal Financial Group
• Seller: Finmarc Management Inc
• Square Footage: 383,000
• Price Per Square Foot: $210
• Market: Raleigh, NC
• Sale Date: 05/20/2026

Finmarc Management Inc. completed the sale of Capital Marketplace, a power center located on U.S. Route 1 in Raleigh. The transaction was a significant deal as it involved the transfer of a large retail space from Finmarc Management Inc. to Principal Financial Group.