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SOMERS POINT, N.J. — Conshohocken, Pa.-based Soloff Realty & Development has acquired a 7,000-square-foot, freestanding retail property located in Somers Point. The building is net-leased to Advance Auto Parts. It is part of a three-pad retail development that also includes a CVS/pharmacy and a Wendy's. The seller was a locally based private trust.