Shops at Centerpoint reportedly sold for $63.5 million

GRAND RAPIDS (WOOD-AM) - The Shops at Centerpoint in Grand Rapids have new owners.

MiBiz reports that Stonemar Properties sold the shopping center for for $63.5 million.

The selling price was $4.5 million less than what Stonemar paid in 2014.

Centerpoint has nearly three dozen businesses, including Chick-fil-A and Dunham's Sports locations.

More at WOOD-TV.