Commercial Property Executive RA Centers has paid $27.7 million, or $411.37/sf, for Meadows Village Center, a 67,336-square-foot retail property in Temecula, Calif. The Newport Beach, Calif., company purchased the property as part of a 1031 exchange from a fund managed by affiliates of Fortress Investment Group in a deal brokered by CBRE. Meadows Village Center […]

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