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Mervyn's Store Sells for $9.582M in Portfolio Sale

Joint Venture Acquires 83,746 SF Mervyn's Store in Garden Grove Center
By Katie Linn
November 4, 2005 | 1:26 P.M.

A joint venture between Developers Diversified Realty and Macquarie DDR Trust recently acquired a portfolio of 36 open-and-operating Mervyn's stores across the US for $396.2 million and totaling 2.74 million square feet.

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