New England Retail Properties Negotiates $7.2 Million Sale of Staples Plaza in Wallingford, Connecticut

Wallingford, Conn. — New England Retail Properties has negotiated the $7.2 million sale of Staples Plaza, a 100,000-square-foot shopping center located in Wallingford, roughly midway between Hartford and New Haven. Tenants at the property, which have been open at the center for more than 18 years, include Staples, Goodwill, Dollar Tree, All Pets Club and Napoli Pizza. Matt Halprin of New England Retail Properties represented both the buyer, Wallingford Plaza Realty LLC, a New York-based investor, and the seller, CT Properties, in the transaction.