News: Retail

HK Group sells retail center for $1.425m to Westrock Development

A 10,000 s/f retail center at 2115 - 2135 Boston Ave. has been sold for $1.425 million to Westrock Development, LLC from Yonkers, New York, a real estate investment company. Directly on US Rte. 1, the property was fully leased to six tenants, including a restaurant. HK Group, Westport, was exclusive agent for the seller, Raj Gauri, LLC, and was the only broker involved in this transaction. Executive vice president Franco Fellah and sales associate Kate Lynch were both responsible for completing this sale. Attorneys were Dan Nagel of Cohen & Wolf, Bridgeport, for the buyer and Scott Gerard of Randel & Gerard, Westport for the seller.
Tags: Retail
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