Forest City Ratner Cos. sold the Shops at Grand Avenue in Maspeth, NY, to a subsidiary of AEW Capital Management LP, for $33.5 million, or $335 per square foot. The sale price resulted in a capitalization rate of 7.75 percent.
Forest City Ratner Cos. sold the Shops at Grand Avenue in Maspeth, NY, to a subsidiary of AEW Capital Management LP, for $33.5 million, or $335 per square foot. The sale price resulted in a capitalization rate of 7.75 percent.
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74-25 Grand Ave, Maspeth, NY