Torrington Properties buys Fort Eddy Shopping Center in Concord for $30M

Dec. 25—Torrington Properties bought the Fort Eddy Shopping Center in Concord earlier this month for $30 million.

The 175,000-square-foot shopping center is fully leased and is the current home of Shaw's, Books-A-Million, Staples, Eastern Mountain Sports, Five Guys Burgers & Fries, GameStop, H&R Block, Moritomo Japanese Restaurant and more, according to a news release.

The company has offices in Boston, Mass. and Durham.

Chief Operating Officer Matt Morgan said the property has high visibility off Interstate 93.

The shopping center was sold by Eddy Plaza Associates LLC, a family company that has owned the property since it was built in 1979.

Morgan said the Torrington sees an opportunity to further elevate the center to a premier retail destination over the next several years, according to the release.

Shaw's is the primary anchor store with 67,500 square feet.