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Arben Mgmt. Pays $9.3M for Plaza 12

JV Sells Carteret Shopping Center for $154 PSF
By Stephanie Kanney
October 20, 2008 | 6:59 P.M.

New York-based investor Arben Management Corp. purchased the Plaza 12 Shopping Center in Carteret, NJ from a joint venture of Cohen & Co. Inc. Real Estate and American Commercial Realty for $9.3 million, or $154 per square foot.

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News | Arben Mgmt. Pays $9.3M for Plaza 12