• FREIT closed the sale of the Franklin Crossing shopping center in Franklin Lakes, New Jersey for USD 27 million.
• Net proceeds totaled about USD 25.4 million at closing; net gain was about USD 19.5 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. FREIT - First Real Estate Investment Trust of New Jersey published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0002077096-26-000217), on July 09, 2026, and is solely responsible for the information contained therein.