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April 4, 2006

By Michelle Napoli

A joint venture between Miami-based United Trust Fund Inc. and the Bellevue, WA-based business property division of GE Real Estate has closed on its first two deals, a more than $50 million sale-leaseback with department store company Belk Inc.’s Charlotte, NC office headquarters and, most recently, a $14.4 million acquisition of Point.360’s media center facility in Los Angeles.

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