Paramount Realty Services Inc. Acquires Springfield Property For $10.2 Million With Brokers Justin Smith And Geoffrey Millerd

The property asset involved in this transaction is Springfield Commons, a retail center that spans 182,400 square feet. It is located at 1101 Boston Rd, Springfield, MA, in the Springfield market. The sale price of the property was $10,200,000. Walmart is the anchor tenant of the center, complemented by tenants such as Dollar Tree and Sonic.

Summary of transaction details:

• Property Type: Retail Center
• Transaction Amount: $10,200,000.00
• Address: 1101 Boston Rd, Springfield, MA, 01119
• Square Footage: 182,400
• Market: Springfield
• Seller's Representative: Justin Smith - Remax, Geoffrey Millerd - Newmark
• Buyer: Paramount Realty Services Inc.

The key individuals involved in the transaction include Geoffrey Millerd, Justin Smith, Paul Penman, Samantha Torto, and Robert Griffin, who represented the undisclosed seller and facilitated the procurement of the buyer, Paramount Realty Services Inc.