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NEW YORK CITY — United American Land has acquired 160-08 Jamaica Ave., a retail development site in Queens, for $14 million. The property contains 156,000 buildable square feet and is the largest retail development site on Jamaica Avenue. The property had been vacant for 20 years. United American Land plans to renovate the property and lease it to a major big-box retailer within the next six months. Yosef Katz of GFI Realty Services represented the seller, Petra Capital Management, in the transaction. He also represented the buyer.