GM SELLS NEW JERSEY PROPERTY TO REAL ESTATE DEVELOPER - Associated Press
LINDEN, N.J. -- General Motors Corp. has sold its Linden, N.J. plant to an investment trust.
The $77 million sale to Duke Realty comes nearly three years after the final sport utility vehicle rolled off the assembly line. The plant was closed as part of a restructuring.
The plant operated for nearly 70 years and once employed 6,000 workers.
Indianapolis-based Duke previously bought a former GM plant in Baltimore and turned it into an office and industrial park.
The New Jersey site is expected to be used as an industrial and retail site.
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