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Ramco-Gershenson Properties Trust Pays $20M for Palatine Retail Center

Wells Fargo Bank Sells Deer Grove Center
By Ashley Martin
August 30, 2013 | 8:39 P.M.

Ramco-Gershenson Properties Trust, a Michigan-based, publicly-traded real estate investment trust (REIT), acquired the Deer Grove shopping center in Palatine, IL, from Wells Fargo Bank for $20 million, or about $85 per square foot.

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