SVN Stone Commercial Real Estate is please to announce the sale of Todds Center in Lexington, KY. Matt Stone, CCIM, SIOR, MBA and Neal Metcalfe of SVN Stone Commerical Real Estate represented the sellers in this transaction and Jamie Adams, CCIM and J.L. Cannady of NAI Isaac represented the buyers.
SVN Stone Commercial Real Estate has managed and leased this 30,418 SF shopping center for the past 8 years. The property was listed for sale in late July, went under contract in early September and closed on 12.1.21. The property had 37 CA’s and multiple LOI’s from all over the country, and the purchaser was ultimately a local investor.