Zach Roth
The State Journal-Register
Town and Country Shopping Center, the oldest shopping facility in Springfield, has a new owner.
Larkspur Properties, a real estate investment firm based in Miami, Florida, had the winning bid for the facility, paying over $6 million to buy the shopping center through an auction run by Irvine, California-based commercial real estate transfer exchange Ten-X.
Bidding for the property began at $1.6 million and two parties, including Larkspur, made active bids towards the end of the five-day auction Tuesday.
