Thursday, March 31, 2016

Plaza at Cape May Court House Sells for $32.1M

Polimeni Realty sold the Plaza at Cape May Court House shopping center in Cape May Court House, NJ to RW Partners for $32.1 million, or roughly $196 per square foot.

The 163,629-square-foot, grocery-anchored shopping center was constructed in 1971 and renovated in 1994 in Cape May County. The property was 97.6 percent leased at the time of sale, anchored by Staples, ACME Markets and Marshalls.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.