Rhino Investments Group has paid $24.85 million, or just more than $167/sf, for the 148,749-square-foot Pavilions at San Mateo retail property in Albuquerque, N.M. The Henderson, Nev., investor led by Sanjiv Chopra, who previously had founded the Fitness Evolution chain of fitness centers, bought the property from Phillips Edison & Co. of Cincinnati in a […]

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