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Former Toys "R" Us Building Sells

130,000-SF Operations Center Goes for $118/SF
By Rich Brady
September 21, 2004 | 2:57 P.M.

Toys "R" Us sold its former operations center at 225 Summit Ave. in Montvale for $15.4 million or about $118.50 per square foot. The buying entity consists of Active International, Paragon Realty, Ivy Realty and Urdang Associates.

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