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WHITEHOUSE, OH—The retail sector has strengthened due to increasing consumer confidence, and with very little new development on the horizon, investors are eager to snap up centers as they hit the market. Devonshire REIT has been especially active recently. The Whitehouse, OH-based trust just acquired three more centers located across much of the Midwest for $88.4 million: The Plaza at Chapel Hill in Akron/Cuyahoga Falls, OH; Oak Park Town Center in Chattanooga, TN and Forest Park Plaza in Brazil, IN, near Terre Haute.

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