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ADF Capital Pays $13.5M for Palm Desert Walmart

Paragon Sells 46,000-SF, Net Leased Retail Investment
By Lauri Breeze
CoStar Research
December 31, 2018 | 6:25 P.M.

ADF Capital Ltd., a Chicago-based boutique real estate firm, acquired the Walmart Neighborhood Market - Palm Desert building at 72314 Highway 111 in Palm Desert, California, from Paragon Commercial Group for $13.5 million, or about $296 per square foot.

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News | ADF Capital Pays $13.5M for Palm Desert Walmart