Marcus & Millichap Brokers $5.2M Sale Of Retail Center In Plainville Connecticut
Connecticut
See Similar DealsMarcus & Millichap Brokers $5.2M Sale Of Retail Center In Plainville Connecticut
5 Farmington Avenue
See Similar DealsSummary
The property involved in the transaction is a retail center located at 5 Farmington Avenue in Plainville, Connecticut. The asset has a total square footage of 34,194 and is currently 93% leased to office, medical, and retail tenants. The sale price for this transaction was set at $5,200,000, which translates to a price per square foot of $152.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $5,200,000
- Address: 5 Farmington Avenue
- Market: Plainville, CT
- Square Footage: 34,194
- Price per Square Foot: $152
- Buyer's Representative: Mark Krantz & Derrick Dougherty - Marcus & Millichap
- Seller's Representative: Frank Amodio & Eric Amodio - Amodio & Co
The transaction was brokered by Marcus & Millichap, highlighting the involvement of Mark Krantz and Derrick Dougherty as the buyer's representatives, while Frank Amodio and Eric Amodio represented the seller through Amodio & Co. This collaborative effort facilitated the successful completion of the sale for the retail center.
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