May

Acadia Pays $24Mln for Suburban Boston Retail Property

Acadia Realty Trust has paid $24 million, or roughly $593/sf, for 163 Highland Ave., a 40,500-square-foot retail property in the Boston suburb of Needham, Mass.

The White Plains, N.Y., REIT purchased the property from Winhall Cos. of Boston.

The property is fully leased by Staples and Petco…

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Acadia Pays $24Mln for Suburban Boston Retail Property

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