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Investor Trades 3780 Pell Circle for $5.6M

Phelan Development Buys 108,000 SF in Northgate Industrial Park
By Lauren Greenwald
April 15, 2008 | 4:30 P.M.

In a 1031 exchange, Phelan Development Co. purchased 3780-3800 Pell Circle in Sacramento for $5.63 million, or about $54 per square foot, from the Timothy W & Linda L Waits Trust.

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