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BEAUMONT, TX-A 124,783-sf shopping center that houses Conn'sInc. corporate headquarters has traded hands for close to $4.9million or $39 per sf.
College Retail LLC, a 1031 exchange buyer from Long Island, NY,beat out two other potential buyers by making the highest offer forBeaumont Shopping Center, says Jerry Goldstein, a senior investmentassociate with Marcus & Millichap Real Estate Investment Co.who brokered the transaction. The seller was Beaumont DevelopmentCo. LP of Houston.
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