WESTBOROUGH, MASS. — Regional brokerage firm Atlantic Capital Partners has negotiated the $10 million sale of 9 West Plaza, a 35,371-square-foot neighborhood retail center in Westborough, about 30 miles west of Boston. The center is home to tenants such as Dollar Tree, Chipotle Mexican Grill, PetMedic, Jersey Mike’s, FedEx and Smileland Pediatric Dentistry. 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. Both parties requested anonymity.
WOBURN, MASS. — CBRE has brokered the sale of a 76,701-square-foot medical office building in Woburn, located north of Boston. Winchester Hospital anchors the outpatient building, which is known as 200 Unicorn Park, and Excel Orthopedic Specialists occupies the remaining space. Chris Bodnar, Brannan Knott, Mindy Berman, Zack Holderman, Cole Reethof, Jesse Greshin, Corra John, Scott Dragos and Josh Kulak of CBRE represented the undisclosed seller in the transaction. The buyer was Boston-based Sendero Capital.
BURLINGTON, MASS. — Three new tenants have signed leases at Wayside, a 193,000-square-foot shopping center located in the northern Boston suburb of Burlington. Diamonds & Pearls by David’s Bridal is already open at the property, as is Golf Galaxy, which operates a 16,000-square-foot venue. Contemporary Japanese restaurant Hinoki will open in early 2026. Regional owner-operator Wilder Cos. manages Wayside, which is anchored by L.L. Bean and features more than 30 shops and restaurants.
BOSTON — New York City-based investment firm Drucker Associates has completed the $5 million renovation of 211 Congress Street, a 90,000-square-foot office building in downtown Boston. The project, which is expected to be complete before the end of the year, will deliver a modern lobby, upgraded elevators and restrooms, new storefronts and a refreshed retail façade. Newmark is both the office and retail leasing agent for 211 Congress Street.
WATERTOWN, MASS. — National Development has purchased Watertown Mall, located on the western outskirts 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 $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. The seller was not disclosed.
WORCESTER, MASS. — Nonprofit owner-operator The Community Builders (TCB) has completed the renovation of The Aurora, an 85-unit affordable housing complex in downtown Worcester. The historic six-story building was originally constructed as a hotel in 1898 and offers 30 units that are reserved for those earning up to 30 percent of the area median income (AMI). In addition, a portion of residences are reserved for households earning 80 percent or less of AMI and for renters who make 60 percent or less of AMI. Architecture Environmental Life Inc. designed the project, and Keith Construction served as the general contractor.
HYANNIS, MASS. — MassDevelopment and BankFive have provided $11 million in financing for a 45-unit multifamily project in the Cape Cod community of Hyannis. The building at 199 Barnstable Road will house 40 market-rate units and five affordable units that will be earmarked for households earning 65 percent or less of the area median income. Units will have an average size of 550 square feet. The developer, Bratt LLC, is a real estate holding entity owned by Bradley Sprinkle and Timothy Telman; the former’s family-owned contracting business most recently occupied the site. Completion is slated for mid-2026.
WORCESTER, MASS. — Nonprofit owner-operator The Community Builders (TCB) has completed Merrick at the Square, a 49-unit affordable housing project in downtown Worcester. The building offers 11 units for households earning up to 30 percent or less of the area median income (AMI), five units reserved for renters earning 50 percent or less of AMI and 33 units for those making 60 percent or less of AMI. Amenta Emma Architects designed the project, and Saloomey Construction served as the general contractor.
WORCESTER, MASS. — A partnership between affordable housing owner-operator Jonathan Rose Cos. and local developer Schochet Cos. has acquired Plumley Village, a 430-unit community in Worcester. Plumley Village was originally developed in 1970 and rehabilitated in 2005. About 80 percent (342) of the residences are rent-subsidized as project-based Section 8 housing, and the remainder are rent-restricted under a Low-Income Housing Tax Credit land use regulatory agreement with MassDevelopment. Amenities include a community room, business center, convenience store, food pantry, laundry facilities, basketball court, playgrounds and a community garden. The Boys & Girls Club occupies the property’s ground-floor retail space. The seller was The Community Builders.
LEXINGTON, MASS. — Colliers has brokered the sale of a 31,000-square-foot mixed-use property located at 1792 Massachusetts Ave. in Lexington, a northern suburb of Boston. The property is located within Lexington Center and features retail and office space, as well as residential units and a historic movie theater. Kendin Carr led the Colliers team that represented the seller, Viano Realty Trust, in the transaction.
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