A California-based realty manager has purchased a commercial portion of the mixed-use Storrs Center development for $13 million, the broker for the seller said Tuesday.
An affiliate of ACF Property Management bought the 34,500-square-foot space, which includes ground floor retail and office space. Tenants include Amazon, Blaze Pizza, Dunkin’ Donuts and T-Mobile.
The commercial space was a part of what is known as Phase II of the $220 million Storrs Center project, which is overseen by master developer LeylandAlliance, of Westchester, N.Y.
Phase II also includes 205 residential units, according to LeylandAlliance’s broker, JLL Retail Capital Markets.
Storrs Center is adjacent to UConn’s flagship campus.
Read more
Storrs Center developer gains key equity partner
After 10 years, developer sees project come to life
Storrs Center’s condos break ground