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Tuesday, 28 January 2014

Inland to Pay $28.1Mln for Little Rock, Ark., Shopping Center

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Inland Real Estate Income Trust Inc. has agreed to pay $28.1 million, or about $406/sf, for the 69,307-square-foot Park Avenue Shopping Center at the corner of West Markham Street and South University Avenue in Little Rock, Ark.

The property is shadow anchored by an LA Fitness and a Target that...


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“The Weekly” is Commercial Real Estate Direct’s PDF newsletter, sent to subscribers every Friday morning. With over 100 news stories published on Commercial Real Estate Direct each week, “The Weekly” features the top stories in commercial real estate that industry participants need to know first. “The Weekly” also contains:

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Additional Info

  • Syndicate to Realpoint: No
  • Cities: Little Rock
  • States: Arkansas
  • Sector: Retail
  • Subject: Property Acquisitions (ACQ)
  • Company: Insignia Financial Group
  • Valuation: Between $25 million and $50 million
  • Private: Yes
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Dan Moynihan

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