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economy

    Santa Clarita Based Contractor Purchases Gateway Promenade

    Intertex Properties closed escrow on the purchase of Gateway Promenade Monday. The retail center located at the intersection of Interstate 5 and Highway 126 in Santa Clarita consists of 7 buildings that were constructed in 2007.

    “The center has been mostly vacant since its completion due to a variety of factors, including the economic downturn,” said Darcey Oldhafer, development manager for Intertex Companies.