Timber Development Corp. Acquires Perry Retail Plaza For $2.6M

The Perry Village Plaza, a 12,000-square-foot shopping center located at 1920 Jefferson Street in Perry, has been sold for $2.6 million. The property is home to tenants such as T-Mobile, Verizon, Cricket Wireless, H&R Block, and Smoke Shop.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $2,600,000
• Buyer: Michael Timmons - Timber Development Corp.
• Market: Perry
• SF: 12,000
• Price per Square Foot: $217
• Address: 1920 Jefferson Street

Timber Development Corp., led by Michael Timmons, acquired the Perry Village Plaza from an undisclosed seller in a real estate transaction that solidified their portfolio with this notable retail asset.