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AlbaneseCormier Holdings paid DRA $47.8 million for the Rancho Las Palmas Shopping Center in Rancho Mirage, Calif.

United statesRancho mirageRancho las palmas shopping centerPalm springsOrange countyLas palmasLos angelesClinton mitchellHobby lobbyBuyer primestor developmentAlbanesecormier holdingsWells fargoEsplanade shopping centerSite centers corporationNew york basedDowntown palm springs