The property involved in the transaction is an open-air retail property located at 777 S Willow St, Manchester, NH, 03103. The transaction price for the asset is $13,800,000.00, with a total square footage of 74,935 on a site comprising 11.85 acres. Key tenants include Burlington Stores and Michaels, and the property is situated off Route I-291, close to I-93, contributing to its strategic location in a regional retail area serving both surrounding communities and downtown Manchester.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $13,800,000.00
• Address: 777 S Willow St, Manchester, NH, 03103
• Market: Manchester
• Seller's Representative: Justin Smith (Remax)
• Buyer: RK Centers
• Seller: South Willow EDF, LLC
• Site Size: 11.85 acres
• Square Footage: 74,935
• Tenants: Burlington Stores and Michaels

The acquisition was made by RK Centers, a Needham, MA-based company that owns and manages a portfolio of open-air regional and community shopping centers across New England and South Florida, which totals over 10 million square feet. Justin Smith of Atlantic Capital Partners represented the seller, South Willow EDF, LLC, in this transaction.