Kinder of Coldwell Banker Commercial NRT brokers $5.75 million sale

Christina Kinder of Coldwell Banker Commercial NRT recently brokered the sale of 225-229 Turnpike Rd., a shopping center also known as Stagecoach Plaza, for $5.75 million. The property, located at the intersection of Rtes. 9 and 135, is comprised of a 20.5 acre site with 34,719 s/f of retail next to a 12-screen Regal Cinema. The retail buildings includes the following tenants: Uno's, Outback Steakhouse, Spa Tech Institute and Fun, Family & Friends F3, along with access to a parking lot with 875 parking spaces. Kinder represented the seller, Northside Realty Trust. The property was purchased by Mobile Street Realty Trust. "This is a desirable plaza with an ideal location where activity from nearby areas is robust and parking is plentiful," said Kinder. "These factors were critical in helping to attract the buyer." Kinder is affiliated with the Coldwell Banker Commercial NRT office located at 137 Newbury St. Boston. Kinder has been recognized as the top selling agent for Coldwell Banker Commercial NRT in New England for three consecutive years. Coldwell Banker Commercial NRT is a leading commercial real estate brokerage company in New England and serves the needs of owners and occupiers in the leasing, acquisition, disposition, structured finance and management of all property types. Coldwell Banker Commercial is a registered trademark licensed to Coldwell Banker Real Estate Corp. The Coldwell Banker network of commercial brokers can be found in 42 countries in North America, South America, Europe, Africa, Asia and Australia. Coldwell Banker Residential Brokerage is the largest residential real estate brokerage company in New England. With more than 4,000 affiliated sales associates and staff in approximately 80 office locations, the organization serves consumers in Massachusetts, Rhode Island, New Hampshire and Maine. Coldwell Banker Residential Brokerage is part of NRT LLC, the nation's largest residential real estate brokerage company.