Home Finance Avant Real Estate Buys Former Kmart-Anchored 121,000 SQFT Santa Clarita Center for $27.5MM
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Avant Real Estate Buys Former Kmart-Anchored 121,000 SQFT Santa Clarita Center for $27.5MM

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Nearly nine years after Kmart closed its Valencia store, a Glendale investor has bought the 80 percent occupied, 120,559-square-foot center for $27.5 million, about 18 percent below the county's average retail sale price. Glendale-based Avant Real Estate Inc. paid $27.5 million for a 120,559-square-foot former Kmart-anchored shopping center on 12.6 acres at one of Santa […]

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