Timber Development Corp Sells Super Center Square Retail Center In New Ulm For $4.1M With CBRE Brokers AJ Prins & Sean Doyle | 1702 Westridge Road | AJ Prins, Sean Doyle | Retail | Sale

Summary

Sale

MINNESOTA

Retail

40,700 sqft

Timber Development Corp. has sold Super Center Square, a 40,700-square-foot retail center located at 1702 Westridge Road in New Ulm, Minnesota. The property was sold for $4.1 million to an undisclosed buyer. The sale price equates to approximately $101 per square foot.

Summary of transaction details:

Property Type: Retail
Transaction Amount: $4,100,000
Address: 1702 Westridge Road
Market: New Ulm, Minnesota

The sale of Super Center Square was facilitated by CBRE brokers AJ Prins and Sean Doyle. They represented Timber Development Corp. in the transaction.

Players

All
3

Agents
2
Agencies
1

AJ Prins

First Vice President

$4.1M Sold

Sean Doyle

Head of Capital Markets CEE

$587.1M Sold

CBRE

Details

Deal Summary

SOLD

IMAGE: AJ Prins & Sean Doyle DATE: 07/06/2023 ADDRESS: 1702 Westridge Road MARKET: New Ulm, Minnesota ASSET TYPE: Retail SELLER: Timber Development Corp BROKERS: AJ Prins & Sean Doyle - CBRE (@CBRE) SALE PRICE: $4,100,000 SF: 40,700 ~ PPSF: $101 NOTE: Timber Development Corp. has sold Super Center Square, a 40,700-square-foot retail center in New Ulm, to an undisclosed buyer for $4.1 million, with CBRE brokers AJ Prins and Sean Doyle facilitating the transaction.

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Address1702 Westridge Road

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