Cole RE Investments Pays $124M For Brooklyn Retail Center
The Arizona company, which operates a nontraded real estate investment trust and offers property acquisition and asset management services for institutional investors, said it has completed the acquisition of the 278,000-square-foot retail center in Brooklyn's Canarsie neighborhood. The deal is one of Cole's largest multitenant retail deals of 2012, the firm said.
Canarsie Plaza was built in...
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