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WASHINGTON SHORES PLAZA PURCHASED FOR $1.8 MILLION

WASHINGTON SHORES PLAZA PURCHASED FOR $1.8 MILLION

Orlando, FL – November 4, 2011 – (RealEstateRama) — Washington Shores Plaza, a neighborhood shopping center with 45,370 rentable square feet, was purchased by CRP II – Washington Shores LLC for $1.8 million. CBRE marketed the REO asset for sale on behalf of Berkadia, the special servicer to the underlying bondholders.