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Primaris REIT sells smaller shopping centers while seeking to buy bigger ones

Mall owner sells St. Albert Centre in Alberta for $60 million
Primaris REIT is selling this mall in St. Albert, Alberta. (CoStar)
Primaris REIT is selling this mall in St. Albert, Alberta. (CoStar)
CoStar News
April 4, 2025 | 7:18 P.M.

Primaris Real Estate Investment Trust still is in acquisition mode, but the mall owner also is seeking opportunities to shed some of its smaller assets.

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