Retail’s struggles in the markets around Manhattan and elsewhere have been well documented, but some suburban spaces can still snag sums that raise eyebrows. A large retail property at 99 Greenwich Avenue in the Connecticut town of the same name traded this month for $30 million, according to the Greenwich Time. The sale of the building, which is leased to a CVS through 2038, comes after a spate of storefront vacancies along Greenwich’s high-end shopping […]
source https://therealdeal.com/tristate/2019/07/29/how-much-for-that-cvs-building-in-greenwich-the-price-is-30m/#new_tab
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