Florida-based shopping center owner and developer Equity One Inc. has purchased the Old Connecticut Path shopping plaza in Framingham for $23.2 million, as part of Equity One’s partnership with New York Common Retirement Fund.
Old Connecticut Path is an 80,198 square foot center anchored by Stop & Shop. The property is located near the intersection of Old Connecticut Path and Route 30.
"We are excited to add this highly productive grocery-anchored shopping center to our joint venture partnership with New York Common," Equity One CEO Jeff Olson said in a statement. "Our Boston portfolio now includes seven shopping centers and is a key target market for future expansion."