Friday, November 14, 2025
Read the Digital Magazines
Subscribe

Massachusetts

Fieldstone Marketplace
Investment salesMassachusettsNews

Private Investor Acquires 192,003-Square-Foot Shopping Center in New Bedford, Massachusetts, for $12.2 Million

by Abby Cox

New Bedford, Mass. — A private real estate investor has acquired Fieldstone Marketplace, a 192,003-square-foot shopping center located in New Bedford, for $12.2 million. Restaurant Depot and Ollie’s Bargain Outlet anchor the property, which was recently renovated. Other tenants at the center include Golden Star Chinese Restaurant, Dunkin’, Dollar Tree and Sally Beauty Supply, according to LoopNet Inc. Fieldstone Marketplace was originally built in 1988 on nearly 25 acres. Nat Heald, Connor Scott and Jordana Roet of CBRE’s National Retail Partners team procured the buyer and represented the seller in the …

Continue Reading
0 FacebookTwitterLinkedinEmail
Brighton Mills
Grocery-anchoredInvestment salesMassachusettsNews

CBRE Arranges Sale of 91,000-Square-Foot Grocery-Anchored Center in Boston

by Abby Cox

Boston — CBRE has arranged the sale of Brighton Mills, a 91,000-square-foot grocery-anchored retail center situated in the Boston neighborhood of Brighton. Urban Edge Partners acquired the property for $39 million from Harvard University. New England supermarket chain Star Market anchors Brighton Mills, which features a mix of additional tenants such as Petco, Spring Shabu-Shabu, Bank of America and McDonald’s. Nat Heald, Jordana Roet, Connor Scott and Scott Dragos of CBRE’s National Retail Partners team procured the buyer and represented the seller in the transaction.

Continue Reading
0 FacebookTwitterLinkedinEmail
550 Arsenal Street
Investment salesMassachusettsNews

JLL Arranges $83 Million in Financing for 260,867-Square-Foot Shopping Center in Suburban Boston

by Abby Cox

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.

Continue Reading
0 FacebookTwitterLinkedinEmail
Investment salesMassachusettsNews

Reports: National Development Buys Watertown Mall in Metro Boston for $100 Million 

by Abby Cox

Watertown, Mass. — National Development has purchased Watertown Mall, a 260,867-square-foot shopping center located about six miles northwest of Boston, with plans to enhance the property and continue its operation as a retail destination, as confirmed in a statement by the regional owner-operator. According to reports from multiple publications, including Axios and the Boston Business Journal, the sales price was approximately $100 million, and the purchase represents a split from an original plan to repurpose the property to support life sciences usage. Best Buy and Target are the current anchors of Watertown Mall. Alexandria …

Continue Reading
0 FacebookTwitterLinkedinEmail
Wayside
LeasingMassachusettsNews

Three New Tenants Join Wayside Shopping Center in Suburban Boston

by Abby Cox

Burlington, Mass. — Three new tenants have signed leases to join Wayside, a 193,000-square-foot shopping mall located in the Boston suburb of Burlington. Diamonds & Pearls by David’s Bridal is already open at the property. Golf Galaxy will open a 16,000-square-foot venue in mid-October, while contemporary Japanese restaurant Hinoki will open in early 2026. Wayside is anchored by L.L. Bean and features more than 30 shops, services and restaurants including West Elm, Talbots, Loft, Eileen Fisher, The Capital Grille, Seasons 52, Starbucks Coffee, Potbelly Sandwich Works and The Treasury. The Wilder …

Continue Reading
0 FacebookTwitterLinkedinEmail
9 West Plaza
Investment salesMassachusettsNews

Atlantic Capital Partners Arranges $10 Million Sale of 9 West Plaza in Metro Boston

by Abby Cox

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.

Continue Reading
0 FacebookTwitterLinkedinEmail
The Shops at Chestnut Hill
MassachusettsNews

Simon Begins Redevelopment of Shops at Chestnut Hill in Metro Boston

by Abby Cox

Chestnut Hill, Mass. — Simon Property Group has begun the redevelopment of The Shops at Chestnut Hill, a shopping, dining and entertainment destination located roughly six miles west of downtown Boston. The project will include a full repainting of the center’s interiors, the installation of a new lighting system, new artwork and decor throughout the center and an update to the indoor garden area. Simon will also renovate the center’s flooring, facades and restrooms. The majority of the project is expected to be complete by the end of the year. …

Continue Reading
0 FacebookTwitterLinkedinEmail
The Bradford
Investment salesLeasingMassachusettsMixed-useNewsRetailers

Zelco Properties, AGW Partners Acquire Retail Portion of Mixed-Use Development in Suburban Boston

by Abby Cox

Belmont, Mass. — Zelco Properties & Development, in partnership with AGW Partners, has acquired the retail portion of the Bradford, a newly constructed, 184,000-square-foot mixed-use development located in the western Boston suburb of Belmont. The Bradford comprises 115 luxury residential units across three buildings, along with 34,000 square feet of ground-floor retail. The acquisition includes multiple retail spaces ranging from 450 square feet to nearly 20,000 square feet. The retail space contains an anchor suite and a purpose-built restaurant space. Starbucks currently anchors the property, which features on-site parking options, a …

Continue Reading
0 FacebookTwitterLinkedinEmail
FinanceMassachusettsNews

PREIT Receives $56 Million in Financing for Darthmouth Mall in Southeastern Massachusetts

by Abby Cox

Dartmouth, Mass. — PREIT has received a $56 million loan for the financing of Dartmouth Mall, a 671,000-square-foot regional mall in Dartmouth. PREIT used the funds to pay down its First Lien Term loan, which is expected to generate $2.1 million in annual interest savings. The ten-year loan carries a 7.1 percent interest rate for the first five years and matures in October 2035. Dartmouth Mall will add the region’s first Boot Barn to its tenant lineup, along with Locker Room by Lids and Chick-fil-A, which recently joined the center. Additional …

Continue Reading
0 FacebookTwitterLinkedinEmail
Mandarin Oriental Retail Collection
Investment salesMassachusettsNews

JLL Arranges $83 Million Sale of Mandarin Oriental Retail Collection in Boston

by Abby Cox

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 …

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts