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Boat Dealer Buys Property in Oxnard

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Compiled by Jack Searles

Newport Boats, a boat retailer, has purchased a former auto dealership on El Rio Drive in Oxnard to establish a sales and service center.

The marine retailer paid $530,000 for the 8,000-square-foot facility just off the Ventura Freeway, according to Grubb & Ellis Co., which represented the seller, First Interstate Bank.

The one-acre property was formerly occupied by a Nissan dealership.

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