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First Capital Center owner files for bankruptcy

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Glen Bascom II, left, talks with Newmark Grubb brokers in front of the First Capital Center in this file photo. The owner of the First Capital Center next to Oak Court Mall has filed for Chapter 11 bankruptcy protection ahead of a Dec. 30 foreclosure sale. 555 Perkins LLC, an entity managed by Glen Bascom Sr. of Bascom Realty LLC, voluntarily filed for protection Dec. 10, and has asked the court ...

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