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Cole Buys LA Fitness Bldg. for $213 PSF

Cornerstone Sells 45,000-SF Retail Space in Dallas
By Derrick Bogger
November 3, 2010 | 2:52 P.M.

Cole Real Estate Investments acquired the LA Fitness-occupied retail property at 3029 Forest Lane in Dallas, TX, from Cornerstone Development Corp. for $9.6 million, or about $213 per square foot. LA Fitness has a 25-year lease in place.

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