November 19, 2007 -
Shopping Centers
According to Coldwell Banker Commercial Prime Properties, a 38,000 s/f shopping center has recently traded for $3.4 million. The center is located at 5 Maple Rd. Tenants include a Nichols's Shop 'n Save (recently purchased by Hanaford Bros. of Me.) Key Bank, along with five other smaller tenants.
Todd Curley a broker at Coldwell Banker represented the buyer, a Brooklyn investment group. Paul Ehmann, also of Coldwell Banker, represented the seller, 5 Maple Rd. Realty Co. This sale was conducted in an off-market transaction.