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Continental Realty Corp. has sold Oakland Plaza, a 167,000-square-foot shopping center in Troy, Mich., on behalf of its Continental Realty Opportunistic Retail Fund I LP. RCG Ventures bought the property for $25.6 million.

Prior to this transaction, CRC also sold two Oakland Plaza outparcels for a combined $3.4 million, bringing the total sale proceeds to $29 million. This was the first property disposition on behalf of CRORF.