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REDONDO BEACH, CA-Construction has begun on a new 117,858-square-foot retail development called the South Bay South Center, according to an investment sales team from United Commercial Realty in Dallas that arranged the equity placement and a pre-sale of the project. The total transaction size is more than $34 million, according to the UCR team, which was led by David Disney, Adam Howells and Kevin Catalani. LaSalle Investment Management will provide the equity and take-out at development completion.


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