Cole Real Estate Investments buys shopping center in Deltona

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Phoenix, Ariz.-based Cole Real Estate Investments Inc. has acquired the Publix-anchored Deltona Commons shopping center, reports News-Journal.

The purchase price was $9.7 million.

The plaza was developed by Orlando-based Brandon Partners in 2007 on 7.5 acres at the northeast corner of Courtland and Fort Smith boulevards.

The sale closed June 14.

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