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Thomas Properties Closes on Former Mervyn's Location in Folsom Square

Reaches Deal with Starwood Property Trust for 78,000-SF Retail Property
By Jerome Nool
March 3, 2017 | 2:29 P.M.

Walnut Creek, CA-based Thomas Properties reached a deal with Starwood Property Trust to acquire the former Mervyn's location at 1010 E. Bidwell St. in Folsom, CA for slightly more than $8.4 million, or about $108 per square foot.

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