The newly built property near East Brook Mall adds three national restaurant and service tenants to Newman Properties’ portfolio.
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An 8,500-square-foot Mansfield retail property anchored by Aspen Dental, Five Guys and Chipotle has sold for $5.85 million, land records show.
Brookline, Massachusetts-based Newman Properties said it acquired the property at 96 Storrs Road in partnership with Atlantic Capital Commercial Real Estate LLC. The building was constructed in 2024 and is near East Brook Mall.
The seller was CPH Mansfield LLC, which is controlled by Domenic Carpionato, a Rhode Island-based developer who has been active in Connecticut in recent years.
Carpionato acquired the site in 2023 for $3 million as part of a dealership property and developed the retail building in 2024.
Newman Properties said it was drawn to the property’s location, tenant lineup and the area’s growth potential.
Bob Horvath and Daniel Bernandini of Horvath & Tremblay brokered the deal, according to an announcement. Rockland Trust provided financing.
Newman Properties said it and its affiliates own and manage more than 750 residential units, along with commercial and retail properties.
