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ROCKFORD, ILL. — Rockford-based Urban Equity Properties, dba JMZ Properties, has acquired a two-story, 6,500-square-foot property, which is located at 110 N. First St. in Rockford. The purchase price was not disclosed. The buyer plans to renovate the property as a mixed-use commercial and residential property. Melissa Miller of Century 21 Country North represented the buyer; John Funderburg of Doyle, Woodhouse and Moore represented the undisclosed seller.