Single-tenant grocery portfolio sells for $295m

Boston, april 22, 2021 /prnewswire/ -- jll capital markets announced today that it has closed the $295 million sale of—and arranged $157.95 million in acquisition financing for—a portfolio of 11 single-tenant retail buildings net leased on a long-term basis to stop & shop in densely populated markets throughout connecticut, massachusetts and rhode island. jll marketed the portfolio on behalf of the seller, winstanley enterprises and surrey equities.
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