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Cole Real Estate Investments And RED Development Acquire Macerich's Interest In Arizona Power Centers

power center
by in Business News

Cole Real Estate Investments and RED Development today announced the acquisition of Macerich’s interests in two retail power centers located in Chandler. In a related transaction, Cole acquired 100% ownership of a third power center in Gilbert. The transaction value for all three properties is $100.55M. As part of an ongoing joint venture, Phoenix-based partners… Read More →