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Raleigh’s Empire Properties Buys Another Historic Building Downtown

A Raleigh real estate company has bought another historic property downtown as it expands its holdings on a recently rezoned city block.

Longtime real estate investor Greg Hatem’s Empire Properties this week closed on the purchase of the historic Efird’s Department Store building on Fayetteville Street, where a recent rezoning allows for up to 40 stories of development on the city block.

Raleigh’s Empire Properties buys another historic building downtown – Triangle Business Journal

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