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DES MOINES, IOWA – Des Moines-based CB Richard Ellis/Hubbell Commercial (CBRE) worked with REO-Cedar Ridge in its sale of the Cedar Ridge Shopping Center in Des Moines. The 46,215-square-foot center is located at 7501 Douglas Ave. and was built in 1980. Ridgeway Properties purchased the center for $1.65 million. Jan Berg and Rick Krause of CBRE/Hubbell represented the seller.