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HOUSTON-Three acquisitions are shopping centers with an aggregate 90,300 sf and five are land sales totaling 10.7 acres. The month-long buying spree brings closings in Texas, North Carolina, Illinois and Missouri.
HOUSTON-A Principal Financial affiliate sells the 127,568-sf telecom warehouse to Harris County after officials start talking about knocking off a corner to make way for overhead interstate lanes. The plan's taken a new twist now that $4.3-million trade's done.
BRADENTON, FL-Klingbeil Capital Management paid approximately $42,307 per unit to Tarragon Realty Investors Inc. for the 10-building complex near Sarasota. The property was 90% occupied at the closing of the sale.
SAN DIEGO-Palo Alto-based Pacific Property Co. trades its Mountain Ranch Apartments to locally based HR Partners for $44.5 million. The transaction price includes the assumption of approximately $27 million in existing debt.