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Bally Total Fitness Location Sells for $6.4M

Lexington Corporate Properties Trust Sells Retail Bldg. to Investor
By Sandy Marks
June 15, 2006 | 8:53 P.M.

Lexington Corporate Properties Trust sold 1160 White Horse Road in Voorhees, NJ to KBH White Horse LLC for $6.4 million, or about $200 per square foot, with an 8% cap rate. The property has been fully leased to Bally Total Fitness for the past 20 years.

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