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Magnolia Business Center Lot Sells for $4.8M

Investment Building Group to Develop 15-Acre Parcel
By Brian Barga
May 27, 2009 | 2:54 P.M.

Prudential Financial sold the 15-acre lot at the corner of Magnolia Avenue & Pierce Street to Investment Building Group for $4.8 million, or about $325,600 per acre.

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