Madison Development Group sells N.J. shopping center for $22M

08/10/2007 | American City Business Journals

Boston real-estate investment firm AEW Capital Management has acquired the 90,876-square-foot Mullica Hill Plaza in Mullica Hill, N.J., from Madison Development Group. The center is at 100% occupancy with a Super Stop & Shop as its anchor and is protected from big-box retail competition because of zoning regulations.

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