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DENVER-Industrial REIT ProLogis has struck a deal to sell a $505 million portfolio of US retail and mixed-use assets that it acquired in its 2005 merger with Catellus―and the Catellus name―to TPG Capital of Fort Worth. The properties to be sold, which ProLogis owns directly or through equity interests, include four shopping centers, two office buildings, 11 mixed-use projects with related land and development agreements, two residential development joint ventures, Los Angeles Union Station, certain ground leases and other right-of-way leases.


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