Winstanley Sells Fall River Retail Property for $13M
A Stop & Shop Supermarket-occupied retail plaza in Fall River was sold to a company that specializes in tax-advantaged 1031 exchanges.
REIT Buys Shopper’s World, Gateway Center for $309M
A publicly-traded REIT acquired Framingham’s Shopper’s World and Everett’s Gateway Center, a pair of open-air shopping centers spanning nearly 1.4 million square feet, for $309 million.
Jumbo Capital Adds South Shore Shopping Center to Portfolio
Quincy-based Jumbo Capital added a grocery-anchored retail property to its portfolio with the $45.25 million acquisition of the 127,505-square-foot Lincoln Plaza.
Cambridge Whole Foods Plaza Sold to Retail Landlord
A Cambridge property anchored by Whole Foods Market sold to a Rye, New York developer that owns a large national portfolio of specialty shopping centers.
Urban Edge Buys Hyde Park Retail Property
A neighborhood retail center in Boston’s Hyde Park has been acquired by Urban Edge Properties for $32.9 million.
Newbury Street Portfolio Hits the Market
The future owner of a mixed-use portfolio on Newbury Street will have the opportunity to increase the properties’ income streams with the lease-up of vacant office and residential space.
Shopping Center Sold for $12M to Southborough Developer
A Southborough real estate developer paid $12.35 million for its first Rhode Island acquisition in the 160,000-square-foot Warwick Center property.
Stop & Shop-Anchored Plaza Sold for $44M in Braintree
A Florida private equity investor has paid $44.275 million for a grocery-anchored shopping center on the South Shore.
Federal Realty Sells Saugus Shopping Center for $39.5M
A grocery-anchored retail property in Saugus has been acquired by a partnership of The Grossman Companies of Quincy and Boston-based North Colony Asset Management.
Salem Developer Sells Stop & Shop-Anchored Property for $53M
A Salem developer has sold a grocery-anchored shopping center in Andover to a California investor for $53.5 million.
Andover Retail Investor Buys Hudson Property for $17M
Andover-based NNM Realty Trust has acquired an 85,000-square-foot Stop & Shop-anchored property at 10 Technology Drive in Hudson for $17.2 million in a reflection of continuing investor demand for shopping centers with supermarket tenants.
Harvard Square Developer Adds Allston Property
After making a series of big-ticket acquisitions in Back Bay, Cambridge and Somerville, North Carolina developer Asana Partners has acquired a multitenant retail property in Allston for $11.9 million.
Winstanley Sells Grocery-Anchored Property for $35.5M
Concord-based Winstanley Enterprises and Surrey Equities have sold a grocery-anchored retail center in Watertown for $35.5 million following the extension of a long-term lease by Stop & Shop Supermarket Co.
New Owners Plan Updates to Harvard Square Property
Renovations to the College House office and retail building in Harvard Square will begin in 2021 following the 50,000-square-foot office and retail building’s first change of ownership in a half-century.
Needham Retail Developer Adds Another Framingham Property
Needham-based RK Centers has made its second Framingham acquisition in weeks with the $23 million purchase of a grocery-anchored retail property.
REIT-Owned Swampscott Grocery Store Sells for $19M
A North Shore single-tenant grocery store property leased to Whole Foods has sold to a local buyer.
Mansfield Grocery-Anchored Property Sold for $25M
A California real estate investment firm has paid $25 million to acquire a grocery-anchored retail property in Mansfield.
Comm Ave. Retail Property Sold to Grossman Cos.
A Commonwealth Avenue retail property in Brookline has been acquired by an affiliate of Quincy-based Grossman Cos. for $19 million.
Plymouth Retail Properties Sold for $83M
The master developer of one of Massachusetts’ largest open-air shopping centers has sold two components of the master-planned development to a Texas investor for $83 million.
Newton and Needham Properties Sold for $7.1M
RK Centers has added to its portfolio with the $7.1-million acquisition of two high-visibility properties near the Newton-Needham line.
