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OTTAWA, KAN. — Marcus & Millichap has arranged the sale of a 13,006-square-foot Peoples Bank located in Ottawa. The net-leased bank had a sales price of $1.79 million. Tiger Real Estate Investments has acquired the facility from Sovereign Investment Co. Steve Strick in the St. Louis office of Marcus & Millichap represented the buyer; Glen Kunofsky in the New York City office of Marcus & Millichap represented the seller in the transaction.