COHEN & CO. ARRANGES 180,101-SQUARE-FOOT RETAIL SALE

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MILFORD, CONN. — Cohen and Co., Inc. Real Estate has arranged the sale of Milford Plaza Shopping Center, a 180,101-square-foot shopping center located at 155-213 Cherry St. in Milford. The property is anchored by ShopRite Supermarket and Bob’s Stores; additional tenants include UPS, Blockbuster Video and Payless Shoe Source. The property was 88 percent occupied at the time of closing, with three contiguous vacancies totaling approximately 28,000 square feet. Helen Putterman and Michael Cleeman of Cohen & Co. represented the seller, a Connecticut-based, family-owned developer, as well as the buyer, a New York City-based investment and acquisitions company. The sale price was not disclosed.

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