September 5, 2017

Developer inks $13M Storrs Center sale

Contributed photo
Contributed photo
ACF Property Management has acquired the commercial portion of this Storrs Center property.

A California-based realty manager has purchased a commercial portion of the mixed-use Storrs Center development for $13 million, the broker for the seller said Tuesday.

An affiliate of ACF Property Management bought the 34,500-square-foot space, which includes ground floor retail and office space. Tenants include Amazon, Blaze Pizza, Dunkin' Donuts and T-Mobile.

The commercial space was a part of what is known as Phase II of the $220 million Storrs Center project, which is overseen by master developer LeylandAlliance, of Westchester, N.Y.

Phase II also includes 205 residential units, according to LeylandAlliance's broker, JLL Retail Capital Markets.

Storrs Center is adjacent to UConn's flagship campus.

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