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Charlotte shopping centers fetch $85M (access required)

Two Charlotte shopping centers centers, Cotswold Village and The Terraces at SouthPark, have been sold for $85 million. Greensboro-based Bell Partners said this week that it has sold the properties to DDR, a Beachwood, Ohio–based owner and manager of shopping centers. Bell said the sale reflects its focus on multifamily properties as opposed to retail, adding that ...

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