JLL brokered the $19-million sale of a 64,227-square-foot, single-tenant retail center in Shrewsbury.
Built in 2010, the property is currently net-leased to grocery chain Price Chopper, and is situated on more than 10 acres at 733 Boston Turnpike. More than 133,000 residents earning an average annual household income of about $99,000 live within a three-mile radius of the center.
James Koury and Kellie Coveney of JLL represented the seller, real estate development and management company Nigro Cos., in the transaction. The center was acquired by Coventry Crossing LLC.
David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles.
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