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PARMA, OHIO — A private investment group has purchased a 48,320-square-foot retail center for $3.7 million in Parma. The property is leased to Toys/Babies “R” Us and Mr. Hero, both of which signed 10-year lease extensions prior to the sale. Mark Luttner of Luttner Real Estate Investment Services represented the seller, the Ratner Family Trust, in the deal. He also procured the buyer.