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Clarion Partners Closes on 11-Property Retail Portfolio for $218 Million

Loja's Portfolio Sale Includes Single-Tenant Grocery Stores Throughout Chicagoland, Grocery-Anchored Shopping Center in Suburban Denver
By Bryce Meyers
CoStar News
November 16, 2016 | 4:57 P.M.

New York City-based investment firm Clarion Partners last week added more than 500,000 square feet to its retail portfolio with the firm's acquisition of 11 retail properties across five different markets from Loja Real Estate out of Walnut Creek, CA for $218 million, or approximately $414 per square foot.

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News | Clarion Partners Closes on 11-Property Retail Portfolio for $218 Million