FREVS

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M&AJul 9, 2026Positive

FREIT Closes on Sale of Franklin Crossing Shopping Center

FREIT sold the Franklin Crossing shopping center for $27 million, generating net proceeds of $25.4 million and a net gain of $19.5 million. This divestiture aligns with the REIT's strategy to maximize asset value in the New Jersey and New York markets.

View filing at SEC.gov →
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