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JACKSONVILLE, FLA. — Ziff Properties Inc. has acquired Merrill Crossings Shopping Center Phase I, a 125,869-square-foot, mixed-use property located in Jacksonville, for $8.6 million. The property comprises 45,135 square feet of retail anchored by Big Lots and 80,734 square feet of self storage. Michael Mele of Marcus & Millichap represented the seller.