Jeffrey Dunne of CB Richard Ellis' New York Tri-State RegionInstitutional Group represented the Cornerstone Properties' entityand also procured the buyer.
A 50,283-sf Shaw's Supermarket anchors Clinton Commons. Othertenants at the 100% occupied complex on East Main Street include a10,000-sf Jo Ann Fabrics location, a 7,360-sf West Marine store,Advanced Auto Parts, which occupies a 6,650-sf store andBlockbuster Video, which leases 4,500 sf.
Dunne says Northstar Properties bested 15 bidders for theshopping center.
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
