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May 19, 2016
Colliers International retail team led by Paul and Billy Sleeth recently arranged more than $100 million in retail sales. Retail Properties of America bought a 230,657-square-foot shopping center called Tacoma South Shopping Center in Tacoma from Sterling Realty Organization for $39.4 million. Merlone Geier Partners purchased Alderwood Plaza Shopping Center, a 175,387-square-foot property in Lynnwood, from Barclays Realty & Management Co. for $40.5 million. Da Li Properties bought La Plaza Midway Shopping Center, a 75,830-square-foot property in Kent, from Tourmaline Capital for $19.2 million.