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Sherwood Plaza Sells for $8.8M

Investor Buys 127,601-SF Shopping Center in Springfield
By Khysha McKinley
May 26, 2005 | 5:32 P.M.

An undisclosed buyer has acquired Sherwood Plaza, at 2450-2500 W. Wabash Ave. in Springfield. The final sale price was $8.8 million, or approximately $69 per square foot. The cap rate was approximately 8.24%.

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