Commercial Real Estate Direct Staff Report Gerrity Group has paid $57.75 million, or $422.83/sf, for Victory Plaza, a 136,580-square-foot retail center in North Hollywood, Calif. The San Diego investor purchased the grocery-anchored property from Kennedy Wilson, which was represented by Newmark. Kennedy Wilson, of Beverly Hills, Calif., had acquired the property in 2014 through a foreclosure. […]
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