PITTSBURGH — Massachusetts-based BJ’s Wholesale Club (NYSE: BJ) paid $5.75 million for the more than nine acres of land within the Newbury Market master plan in which it has approval to build a new store, according to county real estate records.
It’s a sales price of more than $575,000 per acre for a site in which BJ’s is expected to become an anchor draw at a Newbury Market that’s taken years to get off the ground but is now showing signs of momentum.
Read more from our news partners at the Pittsburgh Business Times.
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