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Washington Prime, O'Connor Form JV For $600M Portfolio

By Fola Akinnibi ( November 3, 2016, 2:42 PM EDT) -- Real estate investment trust Washington Prime Group Inc. said Wednesday that it entered into a joint venture agreement with an O'Connor Capital Partners affiliate, handing over partial ownership of seven open-air retail properties valued at $600 million as it looks to reduce debt and strengthen its balance sheet. ...

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