NERP BROKERS 103,000-SQUARE-FOOT RETAIL SALE

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BRATTLEBORO, VT. — New England Retail Properties (NERP) has brokered the sale of Royal Square, a 103,000-square-foot neighborhood shopping center located in Brattleboro, for $9.2 million. Situated on Putney Road, the center's major tenants include Staples and Peebles. Additional tenants include Dollar Tree, Olympia Sports, Consumer Auto, Label Shopper Sleepy's, two restaurants and an eight-screen movie theater. Matt Halprin of NERP represented the seller, Andover, Mass.-based CA Investment Trust. The buyer was an affiliate of Cambridge, Mass.-based Unison Realty Partners.

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