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Green Bay, Wis. — Hanley Investment Group Real Estate Advisors has negotiated the $25.4 million sale of Green Bay Plaza, a 232,796-square-foot shopping center located in Green Bay near the Lambeau Field football stadium. Anchored by T.J. Maxx, HomeGoods and Ross Dress for Less, the property was 89 percent occupied at the time of sale. Other tenants include Dollar Tree, Sierra, Five Below, Crunch Fitness, Burlington and Skechers Warehouse Outlet. Green Bay Plaza was originally built in 1960 and expanded in 2003.
Kevin Fryman, Bill Asher and Jeff Lefko of Hanley, in association with ParaSell Inc., represented the seller, Anenberg Asset Management, in the transaction. The buyer, Chicago-based Core Acquisitions, represented itself.