MARCUS & MILLICHAP COMPLETED $9.7 MILLION SHOPPING CENTER SALE

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COVENTRY, R.I. — Marcus & Millichap has completed the $9.7 million sale of the Coventry Crossing, shopping center in Coventry. Situated at the intersection of Arnold Road and New London Turnpike, Coventry Crossing totals 20,752 square feet in three separate buildings. Tenants at the center include CVS/pharmacy, Dunkin' Donuts, Radio Shack and Webster Bank. Bob Horvath and Todd Tremblay of Marcus & Millichap's Boston office, along with Al Taf of the firm's Atlanta office, represented the seller, Hecht Development. Tremblay and Horvath also represented the buyer, a regional investor.

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