Wilton Plaza
London, UK

HGI has acquired a prime London retail property, 120 Wilton Plaza, for approximately $8.75 million.

120 Wilton Plaza is located just minutes away from Victoria Station – the second busiest railroad station in London. The property, totaling 7,006 square feet, encompasses three ground floor retail spaces occupied by two popular restaurants and a storied bookbinder. The property is 100% leased.

Harbor Group President T. Richard Litton Jr. said his firm was able to capitalize on the uncertainty surrounding the Brexit vote to get an 8% discount on the purchase price. "At the same time, we believe London retail properties will deliver long term value to investors. People will continue see it as a desirable place to live and do business, and businesses will continue to view it as a valued location.”

About HGI

Harbor Group International (HGI) is a leading global real estate investment and management firm. With more than $8.2 billion in real estate investment properties, the firm invests in and manages diversified property portfolios including office, retail, and multifamily properties. With over 33 years of experience in the industry and over 760 employees worldwide, HGI continues to look for real estate investment opportunities.

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Harbor Group International controls $8.2 billion in real estate investment properties and is constantly exploring real estate investment opportunities in the worldwide market.