Boston & New England + New England + Retail | January 4, 2023

Torrington Properties has acquired the Fort Eddy Plaza retail center in Concord, NH for $30 million.

Torrington Properties Acquires Fort Eddy Shopping Center in Concord for $30M

Boston, MA-based property management company Torrington Properties has acquired the Fort Eddy Plaza retail center located in Concord, NH for $30 million.

Eastern Retail Properties was the sole broker involved in the transaction. The asset was sold by Eddy Plaza Associates LLC, a family company that has owned the property since it was built in 1979.

The 175,000-square-foot shopping center is fully leased and is the current home of Shaw’s, Books-A-Million, Staples, Eastern Mountain Sports, Five Guys Burgers & Fries, GameStop, H&R Block, and Moritomo Japanese Restaurant.

Torrington Properties COO Matt Morgan said the company believes in the economic strength of Concord and the Fort Eddy Shopping Center while seeing an opportunity to further elevate the center to a premier retail destination over the next several years. Torrington Properties intends to make capital improvements in the property over the coming years.

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Torrington Properties' Morgan

About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.

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