SOLD
Trident Pacific Real Estate Group Acquires Retail Center In Newington For $16.7M
172 Kitts Lane
Retail
379,728 SF
379,728 SF
Sold 15 days ago
Summary
Sale
CONNECTICUT
Retail
379,728 sqft
Newington Commons, a 189,864-square-foot retail center located at 172-206 Kitts Lane in Newington, CT, was sold for $16,700,000, equating to a price per square foot of $88.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $16,700,000
- Address: 172-206 Kitts Lane
- Market: Newington, CT
Gregg Williams of Trident Pacific Real Estate Group represented the buyer in the transaction, while Pierre Bonan from Mission Capital Advisors and Joseph French Jr. & Kodi Traver from Marcus & Millichap facilitated the sale on behalf of the seller. The property was secured by a private investor buyer with the assistance of these key individuals.
Players
All
7
Agents
4
Agencies
3
Details
SOLD
IMAGE: 05/01/2024
ADDRESS: 172-206 Kitts Lane
MARKET: Newington, CT
ASSET TYPE: Retail
BUYER'S REP: Gregg Williams - Trident Pacific Real Estate Group
SELLER'S REP: Pierre Bonan - Mission Capital Advisors, Joseph French Jr. & Kodi Traver - Marcus & Millichap
SALE PRICE: $16,700,000
SF: 189,864 ~ PPSF: $88
NOTE: Marcus & Millichap facilitated the $16.7 million sale of Newington Commons, a 189,864-square-foot retail center in Connecticut. Investment specialists Joseph French Jr. and Kodi Traver, alongside Pierre Bonan from Mission Capital Advisors, represented the property on behalf of receiver Gregg Williams of Trident Pacific Real Estate Group LLC, securing a private investor buyer.View on map
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Address172 Kitts Lane
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