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Regional Outlook 

South The sale of the Fifth Third Center in downtown Charlotte, N.C., shows the strength of a class A trophy property even in a tertiary market. Cousins Properties bought the 30 story tower for $215 million from Parmenter Realty Partners,

International Beat 

Spain’s Big Deal CBRE Global Investors purchased the El Boulevard Shopping Center in Vitoria, Spain, for €153 million ($193 million), proof of Spain’s returning retail investment market. It is the region’s leading retail mall, attracting upward of 9 million visitors

Market Trends 

Outlets Going StrongNorth American outlet centers still outperform traditional malls in sales power, according to International Council of Shopping Centers president and CEO Michael P. Kercheval, at the Value Retail News Fall outlet convention. Sales at the 205 North American