Urstadt Biddle Sells Townline Square Shopping Center for $44.5 Million

by Katie Sloan

Meriden, Conn. — Urstadt Biddle Properties Inc. has sold Townline Square Shopping Center, a 315,000-square-foot retail center in Meriden, for $44.5 million.

The property is home to tenants including Michael’s, Pier 1 Imports, Marshalls, #1 Nails, Miracle-Ear, Ting Ho Restaurant, Once Upon a Child and GNC. Jim Koury of HFF represented the seller and procured the buyer, a private real estate investment group, in the all-cash transaction. 

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