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VEREIT acquires Kansas center


VEREIT has acquired a thriving, value-oriented Wichita-area center on behalf of Cole Credit Property Trust V.

The 100,000-sq.-ft. Derby Marketplace in Derby, Kansas, features Ross Dress for Less, TJ Maxx, and Hobby Lobby. It is shadow-anchored by Target and Dillons Marketplace.

Mid-America Real Estate brokered the sale in cooperation with RH Johnson on behalf of the seller, a private developer.

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