Regency Centers has acquired a 76,368-square foot shopping center in Westport, CT from an undisclosed buyer. The CVS-anchored center, called Comp Shopping Center, traded for $45.5 million.
Matthews Real Estate Investment Services represented the seller in the asset's disposition,
This is the first time the center has traded since opening. Prior to the sale, the property was family-owned for three generations. The buildings boast a 91.65% occupancy rate.
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