PORT WASHINGTON, N.Y., Aug. 16 /PRNewswire-FirstCall/ -- Cedar Shopping Centers, Inc. (NYSE: CDR) ("Cedar") today announced that it, on behalf of a joint venture between Cedar and RioCan Real Estate Investment Trust of Toronto, Canada, (TSX: REI.UN) ("RioCan"), has entered into a definitive purchase agreement to purchase five anchored shopping centers from Pennsylvania Real Estate Investment Trust (NYSE: PEI) ("PREIT") for approximately $134 million.
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