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LEWISVILLE, TX-A 178,300-sf shopping center, with value-addwritten all over the deal, has been sold by a 15-year owner to aNorthern New Jersey partnership. Meanwhile, a Boston-based owner ofa newer center in the city has secured $38.5 million to refuel itscredit line from last fall's regional center buy.

The value-add buyer is starting with a repositioning strategyfocused on re-tenanting and moderate renovations to the60%-occupied Garden Park shopping center at 1565 W. Main St.,according to William Tourtellotte, vice president of NewtownSquare, PA-based GMH Capital Partners. He tells GlobeSt.com thatthe investment scenario brought 24 offers to the table for theAustin-based seller, Watch Omega Holdings LP. Denton County taxrecords show Stamford, CT-based GE Capital Real Estate's localoffice is the asset's servicing agent.