Jones Lang LaSalle negotiated the sale of Tri-City Plaza in Vernon, Conn., for $48.3 million.
The 300,000-square-foot strip shopping center features a 100,000-square-foot Price Chopper supermarket.
Javit Asset Partners sold the property to Tri-City Improvements LLC. Tri-City Plaza is located about 12 miles northeast of downtown Hartford at the intersection of I-84 and Rt. 83.
The property was 93 percent leased at the time of sale. Other national tenants include: Staples, TJ Maxx, Home Goods, Papa Gino’s, Lenscrafters, GNC, Dollar Tree, and Denny’s.
Jones Lang LaSalle delivers full-scale development, leasing, management, investment sales, construction, and structured finance services globally.
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