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Inland Buys Bayonne Crossing Shopping Center

By CoStar Research
April 5, 2012 | 3:52 AM

A subsidiary of Inland Diversified Real Estate Trust acquired Bayonne Crossing, a 356,647-square-foot shopping center completed in 2011 at the interchange of Route 440 South and East 22nd Street in Bayonne, N.J. Inland said in a securities filing that it purchased the retail property for $67.9 million using proceeds from an offering and a $45 million loan it secured at closing.

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