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Centro Sells Power Center to Acadia for $78M; 40% Discount

$122 PSF Gets Acadia 640,000-SF Westchester County Power Center
By Sasha M Pardy
January 29, 2009 | 9:47 P.M.

New York-based retail REIT, Acadia Realty Trust (NYSE:AKR) today announced it has purchased Cortlandt Towne Center for $78 million from Centro Properties Group.

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News | Centro Sells Power Center to Acadia for $78M; 40% Discount