Tuesday, September 17, 2013

Riverside Center in Utica Trades for $60.5M

National Commercial Real Estate News From CoStar Group

Riverside Center in Utica Trades for $60.5M

Affiliates of The Nightingale Group LLC including NG Riverside Center LLC and Riverside SPE Member LLC sold the Riverside Center at 710 Horatio St. in Deerfield Utica, NY to Riverside Enterprises LLC for $60.5 million, or approximately $84 per square foot.

The Riverside Center consists of five different retail buildings totaling 722,084 square feet. The regional power center is located off I-90 near Routes 5, 8/12 and 49. It is home to several...

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