Closing deal: Raleigh business property snapped up for $42.1 million

Published Dec 25, 2025

The commercial facility at Capital Blvd. was constructed in 2015. The lot of the property covers 15.3 acres. The single-story building is equipped with central cooling and central heating. The new owners, Hampton Pointe 615 LLC and Galleria 1848 LLC, purchased the 27,260-square-foot real estate, assigned for commercial use, from Capital 12520 Exchange LLC on Nov. 24, 2025 for $42,131,500.