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Investor Buys Citizens Plaza in Mansfield for $271+ PSF

Group Sells 8,100-SF Building on Matlock Road
By Jennifer Oliver
June 28, 2007 | 12:14 P.M.

Macelan Investments LLC bought the Citizens Plaza retail center at 2170 Matlock Road in Mansfield from RCP Citizens Plaza Ltd. for $2.2 million, or about $271.50 per square foot at a cap rate of 7.75%. Column Financial Inc. financed the transaction.

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