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TEMPE, ARIZ. – Core Campus Communities has purchased 1.7 acres on the southeast corner of College Avenue and 5th Street near Arizona State University and Sun Devil Stadium for $4.75 million. The LLC plans to develop a mixed-use project that consists of 24,000 square feet of retail space and more than 200 residential units. The seller, Logan Tempe, LLC, was represented by Brent Moser, Mike Sutton and Brooks Griffith of Cassidy Turley BRE Commercial’s Land Group.