 |
| Barry M. Wolfe |
WINDSOR, CT – Marcus &
Millichap (NYSE: MMI), a leading commercial real estate investment services
firm with offices throughout the United States and Canada, announced the sale
of Bank of America, a 4,650-square foot net-leased property located in Windsor,
CT, according to Ryan Nee, Vice President/Regional Manager of the firm’s Fort
Lauderdale office. The asset sold for $3,100,000.
Barry M. Wolfe,
Senior Vice President Investments, and Alan
Lipsky, Senior Associate, both in Marcus & Millichap’s Fort Lauderdale
office, had the exclusive listing to market the property on behalf of the
seller, a limited liability company.
Wolfe states, “Given the
strength of the tenant and location, we had very strong activity and multiple
offers. We have continued to see very strong activity in the market having sold
nearly thirty individual properties over the past quarter for our clients with
a market value of more than $65 million.”
Bank of America is located
at 1045 Kennedy Road in Windsor, CT. Kennedy
Road has a daily traffic count of more than 15,000 vehicles, and directly off
Interstate 91 with a daily traffic count of more than 130,000 vehicles. The property is surrounded by national
retailers that include Target, Dollar Tree, Mattress Firm, Petco, Stop &
Shop, GNC and Chili's Bar & Grill.
J.D. Parker,
Senior Vice President and Division Manager, is Marcus & Millichap’s broker
of record in Connecticut.
For a complete copy of the company’s news release,
please contact:
Ryan Nee
Vice President / Regional
Manager, Fort Lauderdale
(954) 245-3400
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