Lena Centers, a subsidiary of Boston-based Longpoint Partners, has acquired Stetson Village, a 144,192-square-foot grocery-anchored shopping center on West Happy Valley Road in north Phoenix for $71 million.

CBRE’s National Retail Partners handled the sale for Pederson Group, the center’s former owner.

The neighborhood center is set upon 18.6 acres, very near to Taiwan Semiconductor Manufacturing Company’s (TSMC) 1,100-acre manufacturing hub, where it is under construction on its third plant.

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