Boston — After more than three years of ownership, Shorenstein Properties has sold Center Plaza, a 741,200-square-foot mixed-use asset in downtown Boston.
Holyoke, Mass. — HFF has arranged the $33.3 million sale of Holyoke Crossing, a 140,361-square-foot retail power center located in the Springfield suburb of Holyoke.
Cambridge, Mass. — HFF has arranged $34.5 million in first mortgage financing for Alewife Brook Parkway Shopping Center, a 47,004-square-foot retail center located roughly three miles outside Boston in Cambridge.
Watertown, Mass. — Boylston Properties and The Wilder Companies have announced plans for the redevelopment of The Arsenal Project, an enclosed regional mall located roughly eight miles outside Boston in Watertown.
Hanover, Mass. — PECO Real Estate Partners has acquired The Hanover Mall, a 732,101-square-foot enclosed regional mall located roughly 25 miles outside Boston in Hanover, from CW Capital.
Boston — HFF has arranged $265 million in first mortgage and mezzanine financing for Church Park, a mixed-use development located in the Back Bay neighborhood of Boston.
Westwood, Mass. — American Realty Advisors, an institutional real estate investment manager, has acquired the shops at University Station, a newly constructed, 400,000-square-foot retail asset in the Boston suburb of Westwood.
Beverly, Mass. — Barnat Development has been selected by the Massachusetts Bay Transit Authority (MBTA) to develop a mixed-use, transit-oriented project at 112 Rantoul St. in the Boston suburb of Beverly.