Dick's Stores Portfolio sold
Springfield-based Berkshire Development has sold 10 retail properties that primarily house Dick’s Sporting Goods stores in the eastern half of the United States for approximately $63,260,000.
Boston-based real estate services company Jones Lang LaSalle negotiated the sale, which includes the Millbury store, to New York-based NorthStar Realty Finance (www.nrfc.com). The 10-property portfolio included stores located from Kansas to Maine, including Millbury; North Attleboro; Bloomingdale, IL; Concord, NH; Ft. Wayne, IN; Huntington, NY; Keene, NH; South Portland ME, and Wichita, KA.
The portfolio included nine Dick’s Sporting Goods stores, and one PetSmart. All properties are brand new, fully leased, and located adjacent or in close proximity to super-regional retail locations.
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