Massachusetts

Watertown, Mass. — JLL Capital Markets has arranged $83 million in financing for the acquisition of 550 Arsenal Street, a 260,867-square-foot shopping center located in the Boston suburb of Watertown. Anchored by Target, 550 Arsenal Street is situated adjacent to Arsenal Yards, a roughly 1 million-square-foot mixed-use development. Additional tenants include Best Buy, the Massachusetts Registry of Motor Vehicles and Chase Bank. Henry Schaffer, Andrew Gray, Sam Wiesman and Joe Marinaro of JLL arranged the fixed-rate loan through Wells Fargo on behalf of the borrower, National Development.

Westborough, Mass. — Atlantic Capital Partners has arranged the $10 million sale of 9 West Plaza, a 35,371-square-foot neighborhood retail center located in Westborough, approximately 28 miles west of downtown Boston. Tenants at the property include Dollar Tree, Chipotle Mexican Grill, PetMedic, Jersey Mike’s, FedEx and Smileland Pediatric Dentistry. Built in 1983, the center is situated on 5 acres, according to LoopNet Inc. Justin Smith, Chris Peterson, Sam Koonce, Danielle Turpin and Matt Ericson of Atlantic Capital represented the seller in the transaction. Will Kelleher of Kelleher Sadowsky represented the buyer.

Boston — JLL Capital Markets has arranged the $83 million sale of the Mandarin Oriental Retail Collection, a 28,856-square-foot retail property located in the Back Bay neighborhood of Boston. Situated within the Prudential Center, the retail condominium occupies the ground-floor of the Mandarin Oriental Hotel and is anchored by Citizens Bank. Additional tenants at the property — which was 82 percent leased at the time of sale — include Frette, MiniLuxe and Lunette Optic. Chris Angelone, Zach Nitsche, Sam Wiesman and Anthony Cutone of JLL’s Investment Sales and Advisory team …