After nearly two years on the market, the West Hartford building that houses Whole Foods Market has been acquired by a New York real estate investment trust for $20.55 million in cash and assumption of debt.
One Liberty Properties Inc., of Great Neck, N.Y., said it purchased the 47,174-square-foot building and parking on 3.72 acres at 50 Raymond Road, across from Blue Back Square.
It did not identify the seller.
Approximately $13 million was paid in cash and the rest an assumption of an outstanding first mortgage.
With the West Hartford purchase, One Liberty CEO Patrick Callan says his firm has spent about $62 million this year to add 10 properties to its portfolio.
Whole Foods opened its West Hartford location in 2006. Its lease expires Jan. 31, 2026.
