Wednesday 20 November 2019

Fairway-anchored Bergen Beach shopping center sells for $85M

A real estate investment trust has purchased a Fairway Market-anchored shopping center in southeast Brooklyn for $85 million. Federal Realty Investment Trust bought a trio of lots on Ralph Avenue in Bergen Beach that comprise the 147,000-square-foot Georgetowne Shopping Center, according to property records and the company. In addition to Fairway, the complex includes the discount store Five Below, Starbucks, Chipotle and others. The seller was an LLC tied to Sholom and Zuckerbrot Realty. The



source https://therealdeal.com/2019/11/20/fairway-anchored-bergen-beach-shopping-center-sells-for-85m/

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