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Shops of Summerhill sells for $42 million to group of three developers

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The Shops of Summerhill, a strip of independent retailers on Yonge Street affectionately dubbed the “Five Thieves” by locals, has been scooped up in a deal to three developers in Toronto.  RioCan Real Estate Investment Trust, Tricon Capital Group Inc. and Diamond Corp. have acquired  the historic real estate for $85 million from Woodcliffe Landmark Properties. … Continued