Loja Real Estate has acquired The Shops at Waterford, a Safeway-anchored shopping center in Dublin, Calif., for $44 million through a new fund that aims to invest $300 million in grocery-anchored retail properties in high-barrier markets. "This property is exemplary of the type of property we will seek to acquire in similar markets in the West," says Tom Engberg, CEO of Loja Real Estate.

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