CityPlat has purchased a historic multiplex at 1213-1217 Hillsborough St. in Raleigh for $2.6 million, with plans to invest $300,000 in renovations to modernize the building, which dates back to 1935 and features 15 apartments above retail space. Principal Nikita Zhitov, who has a passion for 1920s architecture, expressed his commitment to enhancing the Hillsborough Street area and revitalizing overlooked properties.