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Real Estate Rumor Mill: Weingarten, Tier REIT, Orbach Group

By Andrew McIntyre (April 23, 2015, 7:13 PM EDT) -- Weingarten Realty Investors has picked up a Whole Foods Market-anchored mall as well as three out-parcel properties in Wellington, Florida, for $53.55 million, the South Florida Business Journal reported, citing a pair of deeds. Weingarten picked up the 97,570-square-foot mall at 10295 Nuvista Ave. for $43.5 million and paid $10.05 million for 2741, 2535 and 2525 S. State Road 7, according to the journal. The seller of the mall is Fig Development, and Fern Development sold the three parcels, according to the journal....

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