News: Retail

Juszczyszyn and Pike of CBRE broker $10.15m sale of Hannaford

Taunton, MA CBRE completed the sale of a freestanding Hannaford Bros. Co. supermarket, located at 255 Warner Blvd., for $10.15 million.

The CBRE team of Kyle Juszczyszyn and Will Pike exclusively represented the seller, a private limited liability company, and procured the buyer.

“We are pleased to have completed the sale of Hannaford on behalf of the seller,” said Juszczyszyn. “Through a competitive process we were able to secure a buyer and close in 15 days from signing of the Letter of Intent.”

Completed in 2006, the property is 56,500 s/f and is leased to Hannaford Bros. Co. The property also includes a parking lot with 279 spaces. The six-acre lot sits at the intersection of Warner Blvd. and Rte. 44. The Rte. 44 corridor features many notable retailers within a quarter mile of the property.

Tags: Retail
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