Castle Rock Equity Acquires Townline Square Retail Center

314,816sf Retail Center Purchased for $44.5 Million

NEW YORK--()--Castle Rock Equity Group announced today that it has purchased the Townline Square retail center in Meriden, CT. The center sits on a 29-acre site conveniently situated halfway between West Hartford and New Haven at the convergence of I-91, I-691, Route 15, and Route 5, four of Connecticut’s major roadways.

Townline Square is home to some of the nation’s most prominent retailers, including Big Y, Marshalls, PetSmart, Burlington Coat Factory, Edge Fitness, Five Below, Michaels, and more. Additionally, the center has well-positioned spaces for smaller and local businesses adding great value to the local community. The mix of both larger retail and smaller businesses allows the center to optimize patronage and cross-traffic throughout the property.

“Once again our team’s working relationships, alacrity and focus have effectuated the closing of another successful deal. We are excited to bring Townline Square into our portfolio. We feel confident that Castle Rock can bring additional value to an already great asset,” said Judah L. Angster Esq., CEO of Castle Rock Equity Group

About Castle Rock

Castle Rock is a highly diversified, privately held real estate company active in the northeast corridor, investing in both existing assets and new development opportunities. Castle Rock has a history of investing in all sectors of the real estate market with a focus in multifamily and commercial properties. Headquartered in the New York Metro Area with a presence in key markets such as Manhattan, Brooklyn, Bronx, and Philadelphia.

www.castlerockequitygroup.com

http://www.linkedin.com/company/castlerock

http://townlinesquare.com/

Contacts

The Marino Organization
Tom Corsillo, 212-889-0808, ext. 108
Tom@themarino.org

Release Summary

Castle Rock Equity Group announced today that it has purchased the Townline Square retail center in Meriden, CT.

Contacts

The Marino Organization
Tom Corsillo, 212-889-0808, ext. 108
Tom@themarino.org