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Capital Bank Purchases Existing Branch

Fire Station Road Location Trades for $2.9 Million
August 30, 2012
Capital Bank acquired its branch at 7705 Carpenter Fire Station Road in Cary, NC, from Terry Poythress for $2.9 million or $727 per square foot.

The single-story, 3,990 square-foot retail building was built in 2009.

Andrew Margulies of Marcus & Millichap was the reported broker on the deal.

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