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RETAILING

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Compiled by Mary Ann Galante, Times staff writer

Commercial Center Development, a commercial developer specializing in retail shopping centers and malls, has relocated its corporate headquarters.

The company is now housed in 6,000-square-foot offices on Newport Boulevard in Newport Beach. The space has been taken under a 3-year lease from Newport Peninsula Center Assn.

President Stephen J. Cloobeck said the company was outgrowing its previous space in El Toro and needed more space.

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