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Orillia Station Sold for $10.9M

Kent Shopping Center Purchased By Investor
By David Whitmore
October 25, 2004 | 8:32 P.M.

East Valley Highway Properties, LLC (et al) purchased Orillia Station Shopping Center, located at 18129 E Valley Highway in Kent, for $10.9 million, approximately $231 per square foot. The leasing agent reported that the property sold with a cap rate of 8.25% at time of sale.

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