Commercial Real Estate Direct Staff Report Fairbourne Properties has paid $135 million, or $154.45/sf, for the Hamburg Pavilion, an 874,095-square-foot open-air shopping center in Lexington, Ky. The Chicago company bought the property through a venture with Harbert U.S. Real Estate Fund VIII LP, a $750 million investment vehicle sponsored by Harbert Management Corp. of Dallas. […]

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