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Partnership acquires pair of grocery-anchored centers in same-day transaction
X Team International announced that Mountain West Retail and Investment and Newmark Grubb ACRES completed sales of two grocery-anchored properties same-day.
Canyon Center, a 51,914-sq.-ft. property in Sandy, Utah, is anchored by Smith’s and Shopko; the seller was Dee’s Inc., a third generation, family-owned real estate company, and the buyer was Pacific Castle, a Southern California-based institutional investor.
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Former Walmart exec joins Liquidity board
A key figure in the development of Walmart’s small format Neighborhood Market and international operations has joined the board of asset disposal firm Liquidity Services.
Ed Kolodzieski joined the board of Liquidity Services effective Nov. 17 and also serves on the company’s compensation and governance committees. Liquidity Services bills itself as a global solution provider in the reverse supply chain with the world’s largest marketplace for business surplus.

