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STORE Capital Acquires Another Ashley Furniture Home Store

Large Sale Leaseback Closed in August
By Austin Jackson
December 16, 2013 | 7:31 P.M.

Scottsdale, AZ-based investment group STORE Capital acquired the 40,000-square-foot Ashley Furniture Home Store at 701 Skyland Blvd. in Tuscaloosa, AL. McGee Investment & Management sold the retail building for $5.1 million, or about $128 per square foot.

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