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Tarrytown Centre Trades for $12.8M

Acadia Realty Sells 35,000-SF Retail Center
September 19, 2012
Kurtsam Realty acquired the Tarrytown Centre at 124-134 and 135-139 Wildey St. in Tarrytown, NY from Acadia Realty for $12.8 million, or about $366 per square foot.

124-134 Wildey is a single-story, 9,379-square-foot retail building built in 1956. 135-139 Wildey is a single-story retail building built in 1976. The center is located in Westchester County and was 94-percent leased at the time of the sale with Walgreen's as the anchor tenant. The property will be managed in-house by the new owner.

Mark Walsh of Select Investment Realty Advisors represented Acadia Realty in the sale.

Please refer to CoStar COMPS #2516456 for more information on this transaction.

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