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Torrington Properties Acquires Mall At Fox Run In Newington, NH For $17.5M

Property Image
SOLD
$17,500,000

New Hampshire

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Retail600,000 SF
Sold 08/02/2023
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Property Image
SOLD

Torrington Properties Acquires Mall At Fox Run In Newington, NH For $17.5M

50 Fox Run Road Newington, New Hampshire 03801, USA

See Similar Deals
Retail600,000 SF
Sold 08/02/2023
the dealplayerscompscontact
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Summary

NEW HAMPSHIRE
Asset Type:Retail
Price Per Square Foot:$29
Total Square Footage:600,000 SF
Transaction Type:Sale

A Boston-based developer, Torrington Properties, has acquired the Mall at Fox Run, a 600,000-square-foot retail shopping center located at 50 Fox Run Road in Newington, N.H. The property was purchased from Morgan Stanley for a sale price of $17.5 million, resulting in a price per square foot of $29.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $17,500,000
  • Buyer: Torrington Properties - Jay Bisognano
  • Seller: Morgan Stanley
  • Address: 50 Fox Run Road
  • Market: Newington, NH
  • Square Footage: 600,000
  • Price per Square Foot: $29

Torrington Properties, represented by Jay Bisognano, successfully completed the acquisition of the Mall at Fox Run. The purchase marks an expansion of Torrington Properties' retail portfolio and represents a significant investment in the Newington, NH market.

Players

Jay Bisognano
Torrington Properties
Jay Bisognano
7 deals$94.7M volume
BUYER
Morgan Stanley
Morgan Stanley
SELLER
Morgan Stanley
Morgan Stanley
LENDER

Details

SOLD
IMAGE: Jay Bisognano DATE: 08/02/2023 ADDRESS: 50 Fox Run Road MARKET: Newington, NH ASSET TYPE: Retail BUYER: Torrington Properties - Jay Bisognano SELLER: Morgan Stanley SALE PRICE: $17,500,000 SF: 600,000 ~ PPSF: $29 NOTE: Torrington Properties, a Boston-based developer, has acquired the Mall at Fox Run, a 600,000-square-foot shopping center in Newington, N.H., for $17.5 million from Morgan Stanley.

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