Atlantic Capital Partners arranges sale of Ansonia Landing for $8.3 million

Ansonia, CT Atlantic Capital Partners has completed the $8.3 million sale of Ansonia Landing, a 91,447 s/f strip center. Situated in a populated area 15 minutes from downtown New Haven, the asset offers a value-add opportunity to reimagine one of the most significant parcels along this major corridor.

The transaction was led by Justin Smith, head of Capital Markets; Chris Peterson, executive vice president; Danielle Turpin, senior associate; Matt Ericson, associate; and John Dixon, analyst. Atlantic Capital Partners exclusively represented the seller in the transaction.

Ansonia Landing includes a 59,987 s/f dark Stop & Shop subject to a short-term lease, providing steady near-term cash flow during repositioning. The center maintains positive net operating income through an active 29,960 s/f multi-tenant strip.

“Ansonia Landing represents a unique value-add opportunity in a highly constrained submarket,” said Smith. “The short-term lease structure on the anchor space delivers stable immediate cash flow while allowing new ownership the flexibility to execute a transformative redevelopment plan.”

Positioned at the high-volume interchange of Rte. 8 (Exit 13A) and Division St., the property has visibility and regional access across the Naugatuck Valley. The site’s proximity to downtown New Haven, Yale University, and the University of New Haven adds to its appeal for large-format users and developers.

“Given the center’s prime interchange location and strong regional connectivity, we saw exceptional interest from a diverse group of investors,” said Peterson. “The asset’s scale and strategic position make it one of the most compelling repositioning opportunities along the Rte. 8 corridor.”