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Retail Building Sells for $3.5M in Cary

KBS Realty Advisors Sells Bank Building
March 28, 2014
KBS Realty Advisors sold the bank building located at 999 High House Road in Cary, NC to a private investor for $3.52 million, or about $817 per square foot.

The 4,321-square-foot retail property was constructed in 1993 and is in the Raleigh/Durham market. In 2003, the property underwent renovations. It is occupied by PNC Bank.

Glen Kunofsky and Allen Smith of Marcus & Millichap represented the seller.

Please see CoStar Comp #2961885 for more information on this transaction.
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