BAYONNE SHOPPING CENTER SELLS FOR $75.2M

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BAYONNE, N.J. — Inland Real Estate Acquisitions has purchased Bayonne Crossing, a 356,647-square-foot shopping center in Bayonne for $75.2 million. Located just off the Hudson River, the acquisition includes a 91,109-square-foot Walmart and a 146,583-square-foot Lowe's Home Improvement. The newly built center was completed in 2012. Additional tenants include Michaels and Dollar Zone. Joe Cosenza of The Inland Real Estate Group Inc. represented the buyer in the deal. HFF represented the seller.

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