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Calgary retail plaza sale draws multiple offers, sells quickly

Demand for value-add property highlights continued investor interest
The Calgary shopping centre known as Plaza 28, recently sold for $9.7 million. (CoStar)
The Calgary shopping centre known as Plaza 28, recently sold for $9.7 million. (CoStar)

A retail property sale Calgary is serving as an example of the steady demand for well-located shopping centres, particularly those with below-market rents.

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