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PELHAM MANOR, N.Y. — Acadia Realty Trust has sold Pelham Manor Shopping Plaza, a 228,000-square-foot retail property in Pelham Manor, for $58.5 million. Retail Properties of America Inc., a publicly traded REIT based in Chicago, purchased the property. BJ’s Wholesale Club anchors the property, which is located approximately 10 miles north of Manhattan. Developed in 2008 by Acadia, the center is 98 percent leased to a mix of national tenants, including Michaels, PetSmart, Five Below and Chase. Jeffrey Dunne and David Gavin of CBRE’s New York institutional group represented the seller and procured the buyer in the transaction.