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SANTA BARBARA, CA-Retail investment and management specialist Investec has raised $130 million to acquire grocery- and drug-anchored shopping centers to expand its two-million-square-foot portfolio. Ken Slaught, Investec’s founder and president, says that the Santa Barbara-based company will target centers located in the coastal region of California and ‘will continue its focus on best-in-class neighborhood shopping centers, anchored by dominant grocers and pharmacies.”

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