July 29, 2019
NKF has arranged the $10.2 million sale of Springfield Commons, a 182,400-square-foot retail center in Springfield, MA.
Located along Boston Road in Springfield’s primary retail corridor, the center is currently 98% leased to a nine-tenant roster that includes Walmart, Dollar Tree and Sonic. The average household income of the three-mile area surrounding the center is $68,600.
Geoffrey Millerd, Justin Smith, Paul Penman, Samantha Torto and Robert Griffin of NKF represented the undisclosed seller in the transaction. The buyer was Paramount Realty Services Inc.
For comments, questions or concerns, please contact David Cohen