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ST. MATTHEWS, KY. — PRG Commercial Property Advisors has arranged the $2.4 million sale of The Colony Center, a mixed-use, multi-tenant property located at 211 Clover Lane in metro Louisville. The boutique lifestyle center is located in the heart of St. Matthews, a suburb of Louisville in Jefferson County. The former lumber mill and yard sits on two acres and was converted into 22,995 square feet of leasable retail and restaurant space in 1984. The purchaser is a Louisville-based investment partnership. Dave Kern and Reed Weinberg of PRG represented both the buyer and seller in the transaction.