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SAN DIEGO—Given a choice of retail acquisition/disposition, holding/managing properties or developing ground-up properties, the best money is made in the process of acquiring, renovating and selling, said panelists at ICSC’s Western Division Conference here yesterday. Speakers in the general session “How to Make Money in Retail Real Estate … and Keep it!” said value creation comes from repositioning an obsolete or aging shopping center and turning it into something fresh and exciting for customers.


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