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Belleville, Ill. — Timber Development Co. has acquired Belleville Crossings, a retail center located in Belleville, for $6.5 million. Target, The Home Depot and PetSmart anchor the property, which totals 325,000 square feet and was 60 percent leased at the time of acquisition. Other tenants at the center include Dollar Tree, Maurices, Hibbits Sporting Goods and Famous Footwear. Michael Austry of CBRE represented the seller in the transaction.