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St. Charles County shopping center sells for $22M

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A St. Charles County shopping center has sold for $22.4 million.

Florida-based private equity real estate investment company PEBB Enterprises sold River City Marketplace in O’Fallon to Red Bank, New Jersey-based First National Realty Partners.

The 157,779-square-foot shopping center is 93% leased.

Read more from the St. Louis Business Journal.

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