News: Retail

Mowers of C&W and Foote of OR&L cobroker $275,000 retail/office sale

Grubb & Ellis Company, a leading real estate services and investment firm, recently brokered a $275,000 retail/office deal. CHL Realty Trust has sold a 5,400 s/f building at 327 Main St. to XDF Computer Systems, a premier professional services firm providing network integration and systems support. The building is located on .41 acre of land and has frontage on both Main St. and West St. The acquirement allows the purchaser to now better serve its clientele and meet the needs of its growing business. Kim Mowers, senior vice president of the Grubb & Ellis Stamford office, represented the seller and Stephen Foote, vice president of OR&L Commercial, Rocky Hill, represented the buyer in the transaction.
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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.

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