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LAS VEGAS-The owners of the Shops in Desert Passage have begun a$50-million makeover of the 475,000-sf shopping center. The goal isto have the new look complement the adjoining Aladdin Hotel &Casino's conversion to the Planet Hollywood brand.
Desert Passage has 170 specialty stores, 15 restaurants and liveentertainment. The owner is Boulevard Invest, a joint venture ofTri-Star Capital and RFR Holdings, both based in New York. The JVpaid Trizec Properties $240.5 million for the property in late2004.
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