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Cathedral City Retail Trades for $1M

99 Cents Center Sells to Investor
By Susan Tysma
August 19, 2009 | 7:01 P.M.

In 1031 Exchange, Beall Family Trust sold the retail building at 68303 Ramon Road in Cathedral City, CA, to a private investor for $1 million, or approximately $122 per square foot at 8.6 percent cap rate.

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