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Michigan-based Ramco-Gershenson Properties Trust and a Chicago-based partner, Heilman LLC, have purchased Nora Plaza on the northeast side for an undisclosed price.
The 304,000-square-foot center is 93-percent occupied and anchored by a Target store, plus Wild Oats Natural Marketplace and Marshalls.
The seller was locally based PK Partners LLC, which owns several other retail centers on the north side.
Ramco-Gershenson also owns Merchants Square in Carmel.
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