Raleigh.

• Position: Triangle - William Peace University buys shopping center. - Brief article

RALEIGH -- A bankruptcy-court judge approved the sale of Seaboard Station in Raleigh to William Peace University for $20.8 million. The order allows the school to invest nearly two-thirds of its $33 million endowment to acquire the 90,000-square-foot shopping center. Its previous owner, Raleigh-based Gregory & Parker, filed for bankruptcy in 2012.

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