Invest in urban areas, Magic Johnson tells...

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LAS VEGAS — Urban development requires acceptance, trust and perseverance among the community and retailers, NBA great Magic Johnson told a group of nearly 400 at the opening session of the International Council of Shopping Centers annual convention Sunday. Johnson’s company, Los Angeles-based Magic Johnson Enterprises, has invested in real estate deals including 105 Starbucks franchises he built over years in urban areas across the U.S. and other developments like movie theaters and restaurants. His…