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Developer sells St. Peters retail center for $40.7M

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Commercial real estate developer GBT Realty Corp. has sold a St. Peters shopping center for $40.7 million.

New York-based Jenel Real Estate purchased the retail center in St. Charles County.

Burlington, Academy Sports, HomeGoods and Ulta Beauty are among tenants at the property.

Read more from the St. Louis Post-Dispatch.

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