Boston & New England + New England + Retail | June 19, 2023

Torrington Properties Acquires Durham Shopping Center for $9M

Torrington Properties has acquired the Mill Road Plaza in Durham, NH from Colonial Durham Associates for $8.8 million.

The 10-acre plaza is currently occupied by businesses including Hannaford, Allegiant Physical Therapy, Rite Aid, and Domino’s Pizza.

Torrington looks to attract new businesses to fill the existing vacancies in the plaza. “Mill Road Plaza is a welcome addition to our growing retail and commercial portfolio,” said Matt Morgan said, Torrington’s chief operating officer. “This is an important piece of our investment strategy in grocery-anchored shopping centers.”

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About Emily Fu

Emily Fu is Content Director of Connect Commercial Real Estate, where she covers the east coast markets, including New York, Boston & New England, and DC & Mid-Atlantic markets. She produces daily news stories as well as longer-form content, ranging from Q&As to thought-leadership pieces. She also writes feature stories for Connect Money. With previous stints at Reuters, Seeking Alpha, and Commercial Observer, Emily has covered the finance side of the commercial real estate industry, technology, media, telecom (TMT), and fashion. She attended the Columbia Graduate School of Journalism and currently resides in Manhattan.

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