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Los Angeles Investor Pays $12.2 Million for Charlotte Shopping Center

LBX Investments Also Secures 10-Year, Fixed-Rate Acquisition Loan Through TIAA Bank
By Kat Burkey
CoStar Research
April 22, 2019 | 6:12 P.M.

A Los Angeles-based shopping center owner and operator purchased the Terraces at University Place in Charlotte for $12.2 million, or about $187 per square foot.

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