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Phillips Edison Pays $12.3 Million for Lakewood City Center

The Coral Co. Sells Marc's-Anchored Retail Plaza in Lakewood
By Josh Sullivan
March 22, 2016 | 8:33 P.M.

Phillips Edison Grocery Center REIT, a Cincinnati-based developer and property investment firm, acquired the 67,380-square-foot Lakewood City Center in Lakewood, OH from The Coral Co. for $12.3 million, or $183 per square foot.

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