The asset is a freehold grocery store located in Albany, New York, with a total net leasable area of 65,000 sq ft.
The manager of United Hampshire US REIT (SGX:ODBU
) (UHREIT) has announced the completion of the divestment of the Albany-Supermarket in New York, US, according to a Jan 17 release.
The REIT, on Jan 16 (US time), entered a sale and purchase agreement with Agree Development LLC for the divestment of the Albany-Supermarket at a total sale price of US$23.8 million ($32.5 million).
