Crossroads Plaza, at 714 North Main Street in West Hartford, Connecticut, sold to Big Y Foods on October 6, 2022. Top1031 matches that property to West Hartford Grocery Center DST, the Delaware Statutory Trust (DST) sponsored by Inland Private Capital that first filed a Form D in February 2014.
Newmark announced the completion of the sale. Top1031's record logs the price at medium confidence on a basis labeled a sponsor announcement, but no Inland Private Capital announcement naming this Trust appears in the public record. The figure relied on here is the one the contemporaneous trade report carries.
Offering record | Detail |
|---|---|
Trust | West Hartford Grocery Center DST |
Sponsor | Inland Private Capital |
First filing | February 20, 2014, Form D |
Offering ceiling | $8,159,215 |
Minimum investment | $25,000 |
Exemption | 506(b) |
Asset class as filed | Other Real Estate |
Property matched to the disposition | Crossroads Plaza, 714 North Main Street, West Hartford, Connecticut |
Reported sale price | $22.4 million, reported by the Hartford Business Journal |
Top1031 derives a hold of 8.6 years from the Form D date and the sale date. Neither the SEC filing nor any Inland Private Capital announcement ties the offering to Crossroads Plaza, so that span holds only as far as the match does.
No total return, annualized return, or equity multiple as reported by the sponsor appears in the public record for this Trust.