WATERBURY, CT—HFF reports that the$27.15-million sale of the grocery-anchored WaterburyPlaza shopping center here has closed.

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The 141,443-square-foot property was acquired by Toronto-basedSlate Properties, Inc. from Kimco RealtyCorp., which is headquartered in New Hyde Park, NY. HFFmarketed the property on behalf of Kimco.

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Waterbury Plaza is located at 410 Reidville Drive, adjacent toInterstate 84, and approximately 16 miles north of New Haven. Thefully-leased center is anchored by Stop & Shopand Raymour & Flanigan.

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Slate Retail REIT is an open-ended real estate investment trustfocused on U.S. grocery-anchored real estate. The REIT's portfolioincludes more than 30 properties located primarily in some of thetop 50 U.S. metro markets.

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The HFF investment sales team was led by Senior ManagingDirector Jim Koury.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.