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Cedar Rapids, Iowa — Hanley Investment Group has brokered the $17.5 million sale of Northland Square, a 106,500-square-foot shopping center located in Cedar Rapids. Built in 1994 and renovated in 2000, the center is situated on roughly 10 acres. The property was fully leased at the time of sale to a mix of national retailers including T.J. Maxx, Barnes & Noble, OfficeMax, Old Navy, Famous Footwear and Hallmark. Jeff Lefko and Bill Asher of Hanley Investment Group, in association with ParaSell Inc., represented the seller, a Midwest-based private partnership, in the transaction. Doug Fielding of Marcus & Millichap represented the buyer, a private investor based in Southern California.