REBusinessOnline

CROSSPOINT ASSOCIATES ACQUIRES $3.5 MILLION SUPERMARKET

MORRISVILLE, VT. — Crosspoint Associates has acquired 80 Fairgrounds Plaza, a 46,844-square-foot retail property located in Morrisville, for $3.5 million. Situated on approximately 8.3 acres, the building was constructed in 2001. It is currently leased on a long-term basis by Hannaford Bros., one of the largest supermarket chains in the Northeast. Bill Moylan, Chris Angelone, Peter Stevens and Leslie Faraci of CBRE / New England represented the seller, LNR Property Corp., and procured Crosspoint Associates.

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