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December 31, 2015
Kite Realty Group Trust of Indianapolis said it sold shopping centers in Maple Valley and Cornelius, Oregon, for a combined $45 million. The Maple Valley property is a 119,580-square-foot shopping center called Four Corner Square. Lead tenants are Grocery Outlet and Walgreens. Cornelius Gateway is a 21,325-square-foot shopping center with lead tenants FedEx Kinkos and Anytime Fitness. Kite Realty said it has interests in 124 properties totaling 25 million square feet in 22 states.
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