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HFF secures $11.8M in financing for NY supermarket

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The Florham Park office of HFF announced Monday it secured $11.8 million in financing for a 65,000-square-foot freestanding ShopRite in Albany, N.Y.

HFF represented Morristown-based The Hampshire Cos. in obtaining a seven-year, fixed-rate loan with a life insurance company, according to an announcement. The property is fully leased to Wakefern Corp., which operates the supermarket at 711 Central Ave.

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