We are very pleased with how smoothly this transaction went given the recent turmoil in the capital markets," says Geoffry Millerd, senior director of the Capital Markets Group at Cushman & Wakefield, in a release. C&W's Capital Markets Group exclusively represented the seller and procured the buyer.

The retail complex is anchored by its namesake--Lowe's Home Improvement--and Chili's restaurant, along with Mansfield bank. The lot totals 26.44 acres with all businesses on long term NNN ground leases. The center--750 West Center St.--sits on Route 106 at exit 16 off Route 24.

C&W's Capital Markets Group consists of Robert Griffin, Jr., Geoffrey Millerd and Michael d'Hemecourt. C&W did not respond to GlobeSt.com inquiries by deadline.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.