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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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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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