Barings LLC Purchases Chappaqua Crossing Retail Center From Heitman For $76.5M

The property involved in this transaction is a retail center located at 20 The Crossing in Chappaqua, Westchester County. The asset spans 114 acres with a total square footage of 120,986, and the sale price was $76,500,000, resulting in a price per square foot of $632.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $76,500,000
• Address: 20 The Crossing
• Market: Chappaqua
• Asset Size: 120,986 sq ft
• Price per Square Foot: $632
• Buyer: Barings LLC
• Seller: Heitman
• Brokerage Firm: CBRE
• Brokers: Jeffrey Dunne, David Gavin & Travis Langer

This transaction was brokered by a team from CBRE, which includes Jeffrey Dunne, David Gavin, and Travis Langer, who facilitated the deal between the buyer, Barings LLC, and the seller, Heitman. The retail center is anchored by notable tenants such as Whole Foods and Life Time Fitness.