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May 3, 2013

Ocean State to take over Rockland Walmart building

Ocean State Job Lot has signed an agreement to buy a 94,000-square-foot Rockland building now occupied by Walmart.

The Bangor Daily News reported the company has signed a purchase and sale agreement for the property but the deal is not yet final.

David Sarlitto, director of marketing for the company, told the paper that the close-out retailer hopes to open in Rockland by spring of 2014.

The project would be the company's fifth store in Maine and its latest acquisition of a former Walmart property. The company most recently took over a Walmart building in Derry, N.H., the paper reported.

Walmart is expected to vacate its Rockland store and open a Supercenter store in neighboring Thomaston this fall.

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