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ShopRite Property Sold For $18.8M

October 27, 2016 | Reprints | Unlock Link | Print

AS Realty LLC has acquired the ShopRite Supermarket property in Orange from SH Corp. for $18.8 million.

The property at 249/259 Bull Hill Lane contains a freestanding 65,303-square-foot grocery store leased to ShopRite through a 20-year net lease; it also includes an auto repair shop.

HFF’s investment sales team led by Senior Managing Director Jim Koury represented the seller and procured the buyer.

ShopRite Property Sold For $18.8M

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