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Wednesday, August 20, 2008

Commercial Property Sales Down

Commercial property sales drop dramatically in past year
Atlanta Journal Constitution - GA, USA
AT&T sold its Lenox Park campus for $275.3 million, while the Presidential Markets shopping center in Snellville brought $58.5 million.

Apparently, the statistics are skewed because of a lack of real estate "mega-deals" in the past year. Did you know that Presidential Market Shopping Center was worth so much? I'll need to wear my nicer clothes to shop there now!

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