Thursday, November 3, 2011

H&R REIT Completes Triple Net Investment Purchase

"Trefoil Properties LP sold the BJ’s Wholesale Club retail store located in the Cedar Hill Shopping Center to H&R REIT for $15.9 million, or about $138 per square foot.

The 115,396-square-foot retail building is located at 152 Route 73 North in Voorhees, NJ. On a 20-year lease deal signed in 2004, BJ’s co-anchors the 275,247 square foot power center with Lowes."

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