NAI WELSH ARRANGES SALE OF 120,831-SQUARE-FOOT MALL

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HUTCHINSON, MINN. — Twin Cities, Minn.-based Welsh Cos. has completed the investment sale of Hutchinson Mall located at 1060 Highway 15 in Hutchinson. A local private investor has acquired the 120,831-square-foot retail facility, which is 80 percent leased, for an undisclosed amount. Bob Pounds and Tim Prinsen of NAI Welsh represented the seller, Beachwood, Ohio-based Developers Diversified Realty, in the transaction.

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