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Stock Market & Financial Investment News

News Breaks
March 17, 2014
09:07 EDTVNOVornado to sell Beverly Connection Shopping Center for $260M
Vornado has entered into an agreement to sell Beverly Connection, a 335,000 square foot power shopping center in Los Angeles, California, for $260M. The property is unencumbered. The sale will result in a net gain of approximately $40M. The sale, which is subject to customary closing conditions, is expected to be completed in 3Q14.
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