Marcus & Millichap Arranges $4.3 Million Sale of Retail Center in Connecticut

by Camren Skelton

Shelton, Conn. — Marcus & Millichap has arranged the $4.3 million sale of Shelton Town Center, a 19,450-square-foot retail center in Shelton.

Derrick Dougherty and Mark Krantz of Marcus & Millichap represented the seller, a limited liability company, in the transaction. The undisclosed buyer purchased the property in all cash. The seller originally built Shelton Town Center in 2006. The center is home to tenants such as a nail salon, pizza shop, liquor store and car rental company.

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