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InvenTrust Properties Purchases Grocery-Anchored Retail Center in Durham for $23.3M

Commons at University Place is situated about four miles south of Duke University and about five miles southwest of downtown Durham.

DURHAM, N.C. — InvenTrust Properties Corp. has acquired Commons at University Place, a 92,100-square-foot retail center in Durham, for $23.3 million. The center is anchored by Harris Teeter and CVS/pharmacy. The asset is situated about four miles south of Duke University and about five miles southwest of downtown Durham. The seller was not disclosed.

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