Rentv.com Shane Cos. has sold the 56,000-square-foot retail center it is building at 5731 Bickett St. in Huntington Park, Calif., for $48.7 million, or $869.64/sf. The developer sold the property to an unnamed New York investor, which was represented by Stan Johnson Co., as part of a 1031 exchange. Principal Life provided financing for the […]

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