Ramco Pays $257M To Acquire Fla., Mich. Shopping Centers
Clarion Partners — which, along with Ramco-Gershenson, makes up the Ramco/Lion Venture entity — will retain its 70 percent share of the other three shopping centers. Ramco currently owns 30 percent of the portfolio.
Ramco will pay approximately $151.9 million in cash, while assuming Clarion's pro-rata share of...
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