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Fully Occupied Neighborhood Center Changes Hands in Fairfield County
Heritage Plaza, a newly renovated, 26,403-square-foot neighborhood shopping center located at 28 CT-39 in New Fairfield, CT, has sold for $6,191,000. Heritage Acquisitions LLC acquired the fully leased complex from 28 Route 39, LLC.
The CBRE team of Karly Iacono, Dean Rosenzweig and Christopher Betting spearheaded the marketing campaign for the property and represented the seller. Mark Krantz and Derrick Dougherty, investment specialists in Marcus & Millichap’s Philadelphia office, procured the buyer. John Krueger, broker of record in Connecticut, assisted in closing the transaction.
“Heritage Plaza is an exceptionally well-positioned and fully occupied center located on State Route 39 with over 26,000 square feet on five acres of land,” said Krantz, first VP investments with Marcus & Millichap.
Located in Fairfield County, approximately 60 miles outside New York City, Heritage Plaza contains a mix of service-based tenants including First Step Pre-School and New Fairfield Animal Hospital. Neighboring retailers include Stop & Shop, Starbucks, Dunkin, Prime Time Fitness and Webster Bank.
- ◦Sale/Acquisition

