Pine Tree, in partnership with a U.S. state pension fund, has paid $65.9 million, or $244.34/sf, for Sunset Esplanade, a 269,710-square-foot retail center in Hillsboro, Ore. The Northbrook, Ill., real estate investor purchased the property from BIG Shopping Centers USA Inc. of Phoenix in a deal brokered by Faris Lee Investments. Sunset Esplanade was built […]

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