1565 Boston Post Rd, Milford, CT 06460 | Shopping Center in Milford, CT | $28,000,000

Home/Completed, Investment Sales, Past Transactions/1565 Boston Post Rd, Milford, CT 06460 | Shopping Center in Milford, CT | $28,000,000

1565 Boston Post Rd, Milford, CT 06460 | Shopping Center in Milford, CT | $28,000,000

  • Asset Commercial Realty Group represented the purchaser in this transaction
  • Sold For: $28,000,000
  • Asset Type: Shopping Center
  • Square Footage: 62,442 SF
  • PPSF: $ 448.42

Details

Mark Kandkhorov and Michelle Abramov of AssetCRG’s investment sales team exclusively represented RJ Milford LLC in its 1031 purchase of Milford Square in Milford, Ct for $28 Million.

Milford Square is a 62,442± SF retail center fronting directly on Route 1 (22,100 cars per day), the primary retail corridor in Milford, Connecticut.

The property is newly developed and 100% leased to a diverse tenant mix including REI, Panera, Verizon, Sleep Number, and Pet Valu.

Additional tenants at the property include Salons by JC and Tomato & Co.

The class A center is situated in the heart of a regional retail destination, with 3.4 million SF of retail within 5 miles of the center including national retailers such as Costco, Lowe’s, Stop & Shop, Whole Foods, Walmart, Home Goods and Marshalls. The center is surrounded by a dense and growing population with over 50,000 residents within 3 miles and average household incomes over $114,000.

Additional Information

Asset Type

Retail

City

New Jersey

Neighborhood

Milford

Price

$28,000,000

Building Size

62,442 SF

Broker

Mark Kandkhorov, Michelle Abramov

Map

 

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Our strong relationships with national retailers & office tenants, the broader real estate community, brokers, contractors, architects, engineers, attorneys, and local municipalities offer significant benefits to property owners. We're proud to provide the most comprehensive investment sales, leasing, and property management services across Metropolitan New York and Long Island.

Contact Info

215-15 Northern Boulevard,
3rd Floor
Bayside, NY 11361

Phone: 646.586.2091

Fax: 646.767.6790

Web: www.assetcrg.com