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"Given the current evolution, shopping malls are going to look different over the next 20 years – likely with smaller anchor stores, more entertainment concepts and restaurants, more experiences for shoppers, and daily service providers such as gyms, grocers, medical offices and even day care providers."
"I've seen transactions of every size and shape, dealt with people good and bad, and have been through a plethora of real estate ups and downs," says Karen Case.
Laramar Group, which has offices in Chicago and Denver, acquired the 379 units at the 432-unit condominium for $49.65 million from Aspen Square Management of West Springfield, MA.
Bain Capital raised $1.5 billion for its debut real estate fund, surpassing the original $1 billion target, as investors pour record amounts of capital…