53° Good Afternoon
53° Good Afternoon

Great Neck company buys market property for $20M

Whole foods logo

Whole foods logo

Great Neck-based One Liberty Properties Inc. said Wednesday it has bought a Connecticut property in a $20 million deal.

The 3.7 acre parcel in West Hartford is under a lease to a Whole Foods Market that operates a 47,000-square-foot store there. The lease extends to 2026.

The $20.55 million purchase price will be paid through the assumption of a $13 million existing mortgage, and in cash.

With the buy, One Liberty said, it has added ten properties so far this year at a cost of about $62 million. A real estate investment trust, One Liberty is publicly traded on the New York Stock Exchange.

Read more of Inside Long Island Business


We're revamping our Comments section. Learn more and share your input.

More news