REIT buys in Pennsylvania

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Marcus & Millichap negotiated the sale of the 84,000-square-foot Forks Town Center in Forks Township, Pa. The value of the transaction was $18.9 million.  Forks Town Center is a 1-year-old grocery-anchored shopping center located on Sullivan Trail. Wargo Properties sold the Giant Food-anchored property to a private real estate investment trust. Encino, Calif.-based Marcus & Millichap is a commercial real estate brokerage. *** What's your opinion? Send your Letter to the Editor to