Miami Beach-based Equity One (NYSE:EQY), shopping center owner, developer and operator with a portfolio of 164 centers totaling 18.1 million square feet, has completed the divestiture of 11 shopping centers totaling 924,064 square feet, for $63.8 million. The centers, which were traded in separate transactions, are located throughout the Southeast. Equity One said the disposition of these non-core assets located in secondary markets resulted in an $18.2 million gain for the company.
source: costar.com
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