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MILWAUKEE—The Oak Brook-based Inland Real Estate Corporation, a real estate investment trust that focuses on buying retail property in the Midwest, has joined with its frequent partner PGGM, a Dutch pension fund advisor, to purchase three Walmart-anchored shopping centers in the Milwaukee area for a total purchase price of $24.2 million. The portfolio totals about 174,500-square-feet of retail space and was acquired from a regional developer in an off-market transaction.

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