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Inland Real Estate Acquisitions Inc. Buys Stoughton Shopping Center For $15.8M

Feb 5, 2014 | Reprints | Unlock Link | Print

Inland Real Estate Acquisitions Inc. has purchased the Shoppes at Page Pointe in Stoughton for $15.8 million.

The 50,900-square-foot shopping center is anchored by a 45,000-square-foot LA Fitness and includes a T.G.I. Friday’s. Cushman & Wakefield’s Rob Griffin, president, Geoffrey Millerd, executive vice president, and Justin Smith, senior associate, oversaw the transaction on behalf of EDENS.

The 100 percent leased property is adjacent to a newly constructed 144,000-square-foot Target. Target’s current ownership was responsible for nearly $2 million in road improvements surrounding the center.

Commercial & Industrial