Raleigh, N.C. — Finmarc Management Inc. has sold Capital Marketplace, a 383,000-square-foot power center located on 53 acres along U.S. Route 1 in Raleigh. The Bethesda, Maryland-based investment and management firm sold the property to Des Moines, Iowa-based Principal Financial Group for $80.6 million.
Adam Russ, Erin Varol, Ryan Sciullo and Casey Smith of CBRE represented the seller in the transaction. Finmarc originally purchased the center, then known as Plantation Point Shopping Center, in late 2021…