JEMB Realty, NOT Aurora, is Daffy for Daffy’s Real Estate (to the tune of $43 Million)

JEMB Realty is snapping up troubled (and bankrupt) discount retailer Daffy’s leasehold interests, “certain” real estate fixtures and ”certain” intellectual property for $43 million, the company announced this afternoon.

As was previously reported yesterday by The Real Estate Weekly (and by The Commercial Observer), Aurora Capital Associates was rumored to have purchased the retail chain. A spokesman for JEMB Realty said Aurora has no interest in Daffy’s.
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