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Acquired Property: Former cardboard recycling center run by California Crate.

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Recycling Yard Doubles Price Tag in Latest Deal

SALE: $10 million pickup touted as growing pull of downtown’s Arts District.

A former cardboard recycling yard in downtown’s Arts District recently sold for just over $10 million, more than double the price it fetched only two years ago, a sign of quickly rising land values in a fast-developing market.

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