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Pacific Palisades Supermarket Sold

Gelson’s Market Fetches $51 Million in Leaseback Deal
By James Young
May 29, 2019 | 4:20 P.M.

Gelson’s Market sold its freestanding retail building at 15424 W. Sunset Blvd. in Pacific Palisades, California, to a private trust for $51 million, or more than $1,700 per square foot.

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