GROSSMAN COS. ACQUIRES RETAIL CENTER IN CONNECTICUT FOR $7.7M

NEW BRITAIN, CONN. — The Grossman Cos. has acquired Columbus Plaza, a 54,450-square-foot shopping plaza in New Britain, for $7.7 million. The acquisition is Grossman’s sixth in Connecticut in the last two years. Jeff Dunne, David Gavin, Erik Edeen, Chris Angelone, Bill Moylan and Nat Heald from CBRE’s New York and Boston offices brokered the transaction. Peter Kenn of Goedecke & Co. arranged mortgage financing with Blue Hills Bank. Columbus Plaza is located at 150-174 Columbus Blvd. directly off Route 9.