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Pacific Gulf Buys Center

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Dow Jones

Pacific Gulf Properties Inc. said Monday it acquired Valley View Industrial Center, a 300,000-square-foot Las Vegas property, for $14 million.

Pacific Gulf said the property consists of three concrete tilt-up buildings and is 100% occupied.

The Newport Beach-based real estate investment trust said the acquisition is the last under its deal with Amersco Advisors to purchase about 843,000 square feet of industrial space in four properties for $39 million.

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