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HARTFORD-Centro Properties is letting go of Charter Oak Marketplace–a 259,056-square-foot shopping center here–listed at $19.25 million. The buyer, Paramount–a New Jersey-based REIT–was procured by Sharon Bands, VP investments and senior director at Marcus & Millichap’s National Retail Group, based in Manhattan. Bands also represented the seller. The official sale price was undisclosed.

The retail center–at 475 Flatbush Ave.–has a 149,551-square-foot free-standing anchor, along with a Marshall’s and Dollar Tree, as well as McDonald’s Taco Bell, Popeye’s, Polo Tropical and Texas Roadhouse on pad sites. The property, just outside downtown Hartford, is easily accessible to the Interstate-84.

There was a “lot of activity” with “ten competitive offers from strong northeastern buyers,” Bands tells GlobeSt.com. The anchor and pad tenants was attractive to buyers, as well as the existing financing–at roughly 4.9%–which is interest-only until June 2015.

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