News: Retail

Keefe of HK Group sells community shopping center for $15.4 million

Matthew Keefe of HK Group has sold a Stop & Shop/Rite Aid community shopping center for $15.4 million to a group of investors based in Greenwich. The Stop & Shop performs very well and is an anchor for the Rte. 44 and Winsted community. The center has 10,000 s/f of vacancy which the new owners are already negotiating to lease. HK Group specializes in investment brokerage transactions in the tri-state area and New England.
Tags: Retail
MORE FROM Retail

McEvoy of Conrad Group facilitates $9.5m sale of Sterling Plaza

Randolph, MA Sterling Trust has sold its Sterling Plaza neighborhood retail site located at 45 Mazzeo Dr. to The Shops at Randolph, LLC. The property is home to several restaurants, including the West End Grill, The Well, Outback Steakhouse and It’s Game Time Sportsbar.

READ ON THE GO
DIGITAL EDITIONS
Subscribe