HFF Arranges Sale of 382,854-Square-Foot Retail Center in Connecticut

by Camren Skelton

Waterbury, Conn. — HFF has arranged the sale of Naugatuck Valley Shopping Center, a 382,864-square-foot shopping center in Waterbury.

Jim Koury of HFF arranged the transaction on behalf of the seller and procured the buyer, a partnership between Premium Property LLC and BH Premium Quality Waterbury LLC. DDR Corp. sold the asset, according to local media reports. The sales price was not disclosed. Walmart anchors the center, which was 77.1 percent leased at the time of sale. Additional tenants include Panera Bread, Bob’s Stores and Wendy’s.

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