Finmarc Management Acquires Retail Property On Plantation Center Dr In Raleigh For $58M

Plantation Center Drive, Raleigh, North Carolina 27616, United States

$58,000,000

$151/SF

Building Size

383,000 SF

Asset Type

Retail

Closing

Dec 12, 2021

AI

The retail property located at 6250 Plantation Center Dr in Raleigh, NC has been sold. The property spans 53 acres and has a total area of 383,000 square feet. The sale price for the property was $58,000,000, resulting in a price per square foot of $151. The transaction took place on 12/13/2021.

Summary of transaction details

Property Type: Retail
Transaction Amount: $58,000,000
Address: 6250 Plantation Center Dr, Raleigh, NC
Market: Raleigh, NC
Acres: 53

The buyer of the property is Finmarc Management, Inc. represented by Neil Markus. The seller's representatives in the transaction were Bill Kent, Mike Burkard, and Ryan Sciullo from CBRE.

Players