Boston — A partnership between Wilder Cos. and TA Realty has acquired a portfolio of nine grocery-anchored shopping centers totaling 729,437 square feet for $390 million. Eight of the properties are located in Massachusetts, and one is located in Rhode Island.
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Hyannis and Falmouth, Mass. — Newmark has arranged the sale of two retail centers on Cape Cod for a combined total of $120 million. Dispositions include Southwind Plaza, a 258,110-square-foot, Home Depot-anchored shopping center in Hyannis; and Falmouth Landing, a 279,989-square-foot
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Billerica, Mass. — PROCON has broken ground on the redevelopment of Billerica Mall on the northern outskirts of Boston. Development plans include the demolition of an 84,000-square-foot structure that was vacated by Kmart several years ago and the construction of
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Wellesley, Mass. — Linear Retail Properties has acquired two commercial properties in Wellesley, about 17 miles from Boston, for a combined price of $12.2 million. The first building spans 11,000 square feet of retail, office and residential space, while the
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Wellesley, Mass. — Linear Retail Properties has acquired two buildings totaling 17,000 square feet in Wellesley, located 17 miles from Boston, for a combined price of $12.2 million. The two-story building at 25-35 Central St. houses 8,500 square feet of
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Peabody, Mass. — Boutique fitness operator Gymja Warrior has signed a 11,345-square-foot retail lease at Route One Marketplace in Peabody, 23 miles from Boston. Other tenants at the fully leased center include Bradford Carpet One, Namco, Crossfit 128 and Mass
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Attleboro, Mass. — JLL Capital Markets has arranged the sale of a 115,650-square-foot, single-tenant retail property net-leased to BJ’s Wholesale Club in Attleboro, roughly 10 miles north of Providence. Nat Heald, Chris Angelone and Zach Nitsche of JLL Capital Markets
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Somerville, Mass. — Seven new retailers have plans to join the tenant lineup at Assembly Row, a mixed-use neighborhood that will feature a total of 635,000 square feet of retail and restaurant space in Somerville, about 3 miles from Boston.
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Gloucester, Mass. — Marcus & Millichap has brokered the $13.4 million sale of Cape Ann Marketplace, a 102,977-square-foot shopping center in the coastal Massachusetts city of Gloucester. Shaw’s serves as the center’s anchor tenant. Jim Koury and Alex Quinn of
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Saugus, Mass. — JLL has negotiated the $39.5 million sale of Saugus Plaza, a 165,800-square-foot shopping center in Saugus, roughly 11 miles north of Boston. The center was 97 percent leased at the time of sale to tenants including anchors
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Braintree, Mass. — JLL Capital Markets has arranged the $44.2 million sale of Stop & Shop Plaza, a 173,798-square-foot neighborhood shopping center in Braintree, roughly 13 miles outside Boston. Nat Heald, Chris Angelone and Zach Nitsche of JLL represented the
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Attleboro, Mass. and Baltimore — Inland Private Capital Corp. (IPC) has sold two BJ’s Wholesale Club locations in Massachusetts and Maryland. IPC facilitated the sale on behalf of its 1031 investment program East Coast Wholesale Portfolio DST. The portfolio includes
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