Holliday Fenoglio Fowler, L.P. (HFF) announces the $12.9 million sale and the $10.5 million financing of Clinton Plaza, a grocery-anchored shopping center totaling 100,360 square feet in the New Haven-area community of Clinton, Connecticut.

The HFF team marketed the property on behalf of the seller, JMH Associates LLC, and procured the buyer, Jerome Properties 215, LLC. Additionally, HFF secured the 10-year, floating-rate acquisition loan through a local bank.

Clinton Crossing is located at 215 Main Street in the affluent, coastal Connecticut community of Clinton, which has a population of more than 75,000 residents earning an average household income of more than $128,000 within 10 miles of the property. The 92-percent-leased center is anchored by Stop & Shop supermarket and T.J. Maxx and includes a Dunkin’ Donuts outparcel.

The HFF investment advisory team representing the seller included senior managing director Jim Koury.

HFF’s debt placement team representing the buyer consisted of senior director Porter Terry.

About HFF

HFF and its affiliates operate out of 26 offices and are a leading provider of commercial real estate and capital markets services to the global commercial real estate industry. HFF, together with its affiliates, offers clients a fully integrated capital markets platform, including debt placement, investment advisory, equity placement, funds marketing, M&A and corporate advisory, loan sales and loan servicing. HFF, HFF Real Estate Limited, HFF Securities L.P. and HFF Securities Limited are owned by HFF, Inc. (NYSE: HF). For more information, please visit hfflp.com or follow HFF on Twitter @HFF.