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Wicker Park Capital Management has paid $33.2 million, or $76.82/sf, for the 432,158-square-foot Eastern Shore Centre retail property in Spanish Fort, Ala., across the bay from Mobile, Ala. The Savannah, Ga., investor bought the property, at 30500 Highway 181, from ...
The property had served as collateral for a $66.5 million loan that had been securitized through Wachovia Bank Commercial Mortgage Trust, 2006-C26.
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