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LAKE CHARLES, LA-Marcus & Millichap Real Estate Investment Services has negotiated the sale of a shopping neighborhood in Lake Charles, Louisiana. A limited liability company has sold the 17,678-square-foot shopping locality to a Phoenix-based limited liability company for $3,900,855 or about $221 per square foot.

Portrait Innovations and Petco occupy space in the shopping neighborhood. Marcus & Millichap negotiated the deal on behalf of both the buyer and the seller. For the full story, go to Florida Real Estate Journal.

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