HFF represents Kimco in the $27.15 million sale of a Stop & Shop-anchored center in Waterbury, CT to Slate Properties

Jim Koury

 BOSTON, MA – HFF announced it has closed the sale of Waterbury Plaza, a 141,443-square-foot, grocery-anchored retail center in Waterbury, Connecticut.

               HFF marketed the property exclusively on behalf of the seller, Kimco Realty Corporation (NYSE: KIM).  Slate Properties, Inc. purchased the asset for $27.15 million. 

               Waterbury Plaza is located at 410 Reidville Drive, adjacent to Interstate 84, approximately 16 miles north of New Haven in Waterbury, Connecticut.  The fully leased center is anchored by Stop & Shop and Raymour & Flanigan.

The HFF investment sales team was led by senior managing director Jim Koury.

For further information on Kimco, please visit www.kimcorealty.com, the company’s blog at blog.kimcorealty.com, or follow Kimco on Twitter at www.twitter.com/kimcorealty.

For more information on Slate, please visit www.slateretailreit.com.

For a complete copy of the company’s news release, please contact:

Kristen M. Murphy

Associate Director

HFF | One Post Office Square, Suite 3500 | Boston, MA 02109

Main: 617-338-0990 | Direct: 617-848-1572 | Cell: 617-543-4873 | www.hfflp.com

krmurphy@hfflp.com