53,976 Sq. Ft. Retail Shopping Center
50,000 Sq. Ft. Parking Garage
Torresco Realty was engaged as the exclusive broker by the original builder/developer given the task of identifying a buyer for a shopping center where the anchor tenant had publicly announced bankruptcy. Loehmann’s - an old and respected name in mercantile, had been suffering a severe financial downturn with its stock plummeting on Wall Street as our exclusive was signed.
Torresco Realty LLC represented the seller in a collaboration effort with WRA Realty representing the buyer.
*See the articles published in the Mann Report in our In The Media section