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Hartford fund manager acquires Ohio shopping center for $47M

Hartford’s Hutensky Capital Partners and a joint-venture partner have purchased a shopping center in a Cleveland, Ohio, suburb for $47.1 million, they announced.

Hutensky and its partner Hornig Capital Partners bought Golden Gate Shopping Center from Forest City Enterprises. A New Jersey company was also part of the buyer team.

The partners said the transaction is one of the largest single-asset retail purchases in Greater Cleveland in two years.

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