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Joint Venture Buys Milford Retail Center for $59.6 Million

Bridge33 Capital, Waterfall Asset Management Pick Up 372,000-SF Milford Crossing
At the time of the sale, the property was 98 percent leased to tenants like Barnes & Noble, HomeGoods and other national retailers. Photo: CoStar
At the time of the sale, the property was 98 percent leased to tenants like Barnes & Noble, HomeGoods and other national retailers. Photo: CoStar
By Andy Phu
April 17, 2019 | 4:14 P.M.

A joint venture between investment firm Bridge33 Capital LLC and asset manager Waterfall Asset Management LLC purchased a retail center in Milford, Connecticut, for $59.6 million, or about $160 per square foot.

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