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Centro Watt Acquires Heritage for $3.2 Billion

Joint Venture Adds 157 Strip Malls to Portfolio with Acquisition of Boston-Based Retail Owner
By Reginald Louis
July 14, 2006 | 2:52 P.M.

Centro Watt, a joint venture between Australian-based Centro Properties Group and privately held Watt Commercial Properties of Los Angeles, signed an agreement to acquire the Boston-based, strip mall-owner Heritage Property Investment Trust Inc.

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