Last Updated: June 7, 2006 11:21pm ET

Home Depot Plaza Trades for $40M

By Marita Thomas

BENSALEM, PA-Paramount Realty acquires the 300,000-sf strip center from a Kimco/DRA Advisors JV for $133.33 per sf. The property is 90% leased and will gain a 4,000-sf bank branch and $2 million in upgrades.

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