The three-building, 3.47-acre retail complex at 1365 Post Road East, anchored by Balducci’s Food Lover’s Market, has sold for $28 million.
The 1365 Post Road East property, bought in 2012 for $18,250,000, sold for $28 million. (CLICK TO ENLARGE) File photo
CapFor Westport LLC, an entity managed by Darien-based Forstone Capital, which bought the property in 2012 for $18,250,000, sold to AP 1365 Post Road East Westport, a Delaware limited partnership based in Charlotte, North Carolina, according to a Town Clerk Office filing.
The 50,795-square-foot property is 95 percent leased, according to broker CBRE. In addition to Balducci’s, it includes Ulta Beauty, moving into space formerly occupied by Anthropologie. Other tenants include Tusk Home, W Hair & Color, Zaniac, and Awareness Technologies. Major improvements were made on the property by the seller.
CBRE represented the seller and procured the buyer, an announcement said.
