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Grand Plaza Sells for $10.8M

Phillips Edison REIT Buys 78,000-SF Center in Fort Myers
By Andrew Chepkoit
December 10, 2015 | 1:56 P.M.

KB Investment Holdings Ltd. sold the Grand Bay Plaza shopping center at 18990-19100 S. Tamiami Trail in Fort Myers, FL for $10.8 million, or about $139 per square foot, to Phillips Edison Grocery Center REIT II, Inc.

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