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Real Estate/Development

Apr. 8, 2003

The Markets

"The market is excellent. We do a tremendous amount of business in L.A. I can't think of an exception of a particular retail product or market in the L.A. retail area that isn't doing well, from the $2 million strip centers to large properties like the $138 million Torrance Crossroads.

        "The market is excellent. We do a tremendous amount of business in L.A. I can't think of an exception of a particular retail product or market in the L.A. retail area that isn't doing well, from the $2 million strip centers to large properties like the $138 million Torrance Crossroads.
        "Cap rates are very good for sellers. The market is very tight. We are receiving multiple offe...

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