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SAN RAMON, CA-A large retail center in San Ramon recently was purchased by a group of individual investment entities in a transaction that was valued at approximately $29 million.

Crow Canyon Investors LLC, a group of private investors, acquired Crow Canyon Commons, a 228,000-sf retail center. The shopping center is situated on a 20-acre parcel on Crow Canyon Road near Highway 680 in San Ramon.

The center is 99% leased at the time of the sale and its major tenants include Albertson’s, Loehmann’s, Cambridge Sound Works, Blockbuster, Pet Food Express, Rite-Aid Drugs, Carl’s Jr., Cal Fed, Washington Mutual and Wells Fargo Banks.

Moison Investment Co. negotiated the transaction on behalf of Crow Canyon Investors, a group of 12 individual investment entities.

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