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SAN MARCOS, CA-Archstone Smith of Englewood, CO and its wholly owned Ameriton Properties Inc. subsidiary have purchased two parcels of land to be developed as a part of San Marcos’ Heart of the City project. The corner lots, one of 4.83 acres and the other one acre, sold for a total of $4 million.The land, purchased from Twin Oaks Street Partnership, is located at South Twin Oaks Valley Road and Discovery Street, across from Cal State San Marcos. Todd Davis and Karen Fuller of Grubb & Ellis

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