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Franklin, N.H. JLL has negotiated the $11.5 million sale of a 51,230-square-foot retail building leased to Hannaford Supermarket in Franklin, located north of Manchester. The grocer has occupied the 11.5-acre property, which has the capacity to support 13,000 square feet of new development, for 30 years and recently extended its lease. Nat Heald and Chris Angelone of JLL represented the undisclosed seller in the transaction. The buyer was also not disclosed. classic-editor-remember: ....
Stop & Shop retail portfolio trades for $295M | Real Estate Weekly rew-online.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rew-online.com Daily Mail and Mail on Sunday newspapers.
Three CT Stop & Shop supermarkets among a group of 11 sold for $295 million FacebookTwitterEmail An example of one of the 11 stand alone Stop & Shop supermarket locations, including three in Connecticut that were recently sold for $295 million.Contributed photo / JLL Three Connecticut Stop & Shop locations are among a portfolio of grocery stores that have sold for $295 million. A suburban Chicago-based commercial real estate organization, Inland Real Estate Group of Companies, acquired the single-tenant locations from Winstanley Enterprises and Surrey Equities, according to officials with JLL Capital Markets, which brokered the deal. In addition to the Stop & Shop locations in Cromwell, Seymour and Willimantic, the remaining eight locations are spread across eastern Massachusetts, Cape Cod and Rhode Island. ....
Three CT Stop & Shop supermarkets among a group of 11 sold for $295 million middletownpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from middletownpress.com Daily Mail and Mail on Sunday newspapers.
Share this article Share this article BOSTON, April 22, 2021 /PRNewswire/ JLL Capital Markets announced today that it has closed the $295 million sale of and arranged $157.95 million in acquisition financing for a portfolio of 11 single-tenant retail buildings net leased on a long-term basis to Stop & Shop in densely populated markets throughout Connecticut, Massachusetts and Rhode Island. 1 of 11 properties in a single-tenant retail portfolio in Connecticut, Massachusetts and Rhode Island JLL marketed the portfolio on behalf of the seller, Winstanley Enterprises and Surrey Equities. The Inland Real Estate Group of Companies, Inc. acquired the assets. Additionally, working on behalf of the new owner, JLL secured two separate 10-year, fixed-rate loans with a life company and with a CMBS lender. ....