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Show SOUTH MAIN STREET DEAL ISJMISE Transfer of Excellently Located Lo-cated Corner Shows In crease in Activity. A real estate deal running well up into the thousands of dollam was consummated consum-mated yesterday, when the property at the corner of Eighth South and Main .streets, with a frontage of 110 feet on Main street and 1(55 feet on Eighth South street, -was transferred to Tuttle Bros.. A. H. Parsons and the Salt Lake Investment Invest-ment company. Following close upon renewal of work on the Ncwhousc hotel structure, the deal is viewed by local real estate men as an evidence of tho faith placed in Salt Lake property by insiders who aro watching watch-ing developments on South Main street. The purchasers were reluctant to say Just what sum was paid for the property. The deal includes one corner store and six cottages. Of tho latter, three face on Main street and three on Eighth South street. In real estate circles of laic transfers of South Main street property have formed not the least conspicuous features of the market. Real estate men watching the development of the lower section predict pre-dict that the time Is not far distant when values In that locality will double by reason of rapid upbuilding. It Is not known what the purchasers of the Eighth South street tract contemplate, but it r. understood the property will be greatly Improved. |