News: Retail
Posted: September 22, 2011
Unison Realty Partners buys Hannaford anchored Uxbridge Center for $11.25 million
Unison Realty Partners recently acquired Uxbridge Center, a 75,985 s/f grocer-anchored shopping center for $11.25 million or $147 per s/f. The seller was Woodgreen Management, Inc.
"We are extremely pleased to continue the growth of our company with the acquisition of a 4th shopping center in New England since our inception in 2010. Uxbridge Center contributes positively to our existing portfolio with its line-up of strong national credit tenants such as Hannaford Brothers and its tremendous potential value yet to be realized. We will thrive to make a positive contribution to the community and serve our tenants the best we can," said Karim Fadel, president of Unison Realty Partners.
Uxbridge Center includes a newly renovated grocery store operated by Hannaford Brothers along with Bank of America, Dunkin' Donuts and Papa Gino's, among others.
There were no brokers involved. This was an off-market deal.
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