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Real estate

Bond Street REIT buys Gilbert shopping center

An entity affiliated with Bond Street REIT purchased The Shops at Civic Center in Gilbert on March 27 for $10.8 million, according to commercial real estate website vizzda.com.

The seller was an entity affiliated with Hang T‑Jackie Phan and others. No debt was recorded in connection with the transaction.

Michael D. Reynolds was listed as a contact for the buyer.

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