Iconic Shopping Center in Avon Sold To Local Partnership

by Categorized: Uncategorized Date:

UPDATE: James Carter, who is leading the partnership that purchased this property, emailed me late Thursday with this comment: “We are excited to invest in this great legacy property and hope to revitalize it as one of the unique retail properties in Avon.”

Avon Village Marketplace  in Avon — known for its gigantic rocking chair — has been sold to a partnership of local businessmen for $4.5 million, according to town records.

One of the shops in Avon Village Marketplace. File photo.

One of the shops in Avon Village Marketplace. File photo.

Avon Village Associates LLC, led by James S. Carter of Carter Realty, purchased the six-acre, 60,000-square-foot retail and office complex on the corner of Route 44 and Route 10 from the August family. The Augusts had owned the property for four decades.

The complex, long known as Old Avon Village, was renamed last year on its 40th anniversary.

Carter did not immediately return a call and email seeking comment today.

But in a statement contained in a newsletter from broker RM Bradley, Carter said: “Avon Village Associates is very excited about this opportunity to own such an iconic property in Avon and look forward to sustaining and expanding its tenant base over the next year.”

RM Bradley was the sole broker in the transaction.

No word on what’s to become of the rocking chair.


 

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