Namdar Realty Acquires Crystal Mall In Waterford, CT For $9.53M

The Crystal Mall in Waterford, CT has been sold for $9,530,000. The property, located at 850 Hartford Turnpike, is a retail asset in the Waterford market.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $9,530,000
• Address: 850 Hartford Turnpike, Waterford, CT
• Market: Waterford, CT

Namdar Realty Group, represented by Igal Namdar, acquired the Crystal Mall. The purchase price of $9.53 million was significantly lower than the $81 million loan amount associated with the property. This transaction involved one of the six remaining assets in the collateral pool for UBSBB 2012-C2.