Winstanley Enterprises Inc. sold three fully leased retail buildings to The Inland Real Estate Group for $48,765,000. The three facilities, located in Upper Darby, PA, Wilmington, DE and Seaford, NY, totaled in 142,663 square feet. The price per square foot totals approximately $342.
The portfolio of the three grocery stores are fully leased by Pathmark, with about 18 years remaining on the lease terms. Jose Cruz from HFF represented the seller in this transaction.
Please see CoStar COMPS #2566640 for additional information on this transaction.