Cushman & Wakefield sell Shoppes at Page Pointe for $15.8 million

February 27, 2014 - Retail
Cushman & Wakefield completed the sale of Shoppes at Page Pointe, for $15.8 million to Inland Real Estate Acquisitions, Inc. The Cushman & Wakefield team, led by president Rob Griffin, executive vice president Geoffrey Millerd and senior associate Justin Smith, oversaw the transaction of the 50,900 s/f property on behalf of EDENS. Shoppes at Page Pointe presented investors with a unique opportunity to acquire a newly constructed, institutional-quality asset in one of suburban Boston's premier marketplaces. The property is anchored by a 45,000 s/f LA Fitness, and boasts a high-performing T.G.I. Friday's. "Shoppes at Page Pointe is strategically located along Rte. 139, one of Stoughton's main thoroughfares," said Millerd. The 100% leased property, is positioned adjacent to a newly constructed 144,000 s/f Target.

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