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Real Estate

Developer purchases downtown Racine property

Hunter Turpin
By Hunter Turpin
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Gorman & CompanyHovde Properties

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An affiliate of Oregon, Wisconsin-based Gorman & Co. has purchased a downtown Racine property. The 1.5-acre property, currently used as a parking lot, is located at 65 Harborview Drive and was purchased for $1 million, according to state records. Its assessed value is $600,000, according to Racine County records. Gorman bought the site from Johnson

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