Amid CT mall struggles, the Shoppes at Buckland Hills has quietly been mired in a years-long foreclosure hartfordbusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hartfordbusiness.com Daily Mail and Mail on Sunday newspapers.
The sale of a fully-leased strip shopping center across from Westfarms mall is another sign that open-air shopping spaces are in the forefront of the recovery in retail real estate in the aftermath of the pandemic.
A 96,691-square-foot commercial property at the West Hartford-Farmington line across from Westfarms mall has sold for $26.4 million, real estate investment firm CBRE announced Wednesday.
The buyer, Agree Realty, owns commercial properties across the country, including plazas anchored by Walmart, Aldi and Best Buy. Its Connecticut holdings include properties with Autozone stores in Orange and Danbury, and a property with an AAMCO auto repair shop in Orange.