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NEWBURY PARK, CALIF. – Marcus & Millichap Real Estate Investment Services has sold Paraiso Town Center, an REO shopping center in Newbury Park, for $6.3 million. It was purchased by Paradise Capital Group LLC, an affiliate of Cardinal Equities LLC. Paraiso Town Center is located within the 2,331-acre master-planned community of Dos Vientos Ranch. Marcus & Millichap's Kyle Matthews represented the seller, U.S. Bank.