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MARCH 6, 2019

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Newport Capital acquires Wisconsin retail center

by Released

Newport Capital Partners has acquired the 137,816-square-foot Brownstones Shopping Center in Brookfield, Wis.

The sales price was not disclosed; however, it was estimated to be $426.3 million.

The seller was Inland Real Estate Group.

It is anchored by a Metro Market grocery and TJ Maxx. Other smaller tenants include Blaze Pizza, Jersey Mikes, ATI Physical Therapy and several salons.

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