KEYPOINT PARTNERS ARRANGES $30M SALE OF EIGHT PROPERTIES

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BURLINGTON, MASS. — KeyPoint Partners LLC has completed the sale of eight properties totaling 440,000 square feet located throughout the New England region for more than $30 million. The properties include shopping centers, mixed-use and single-tenant buildings in Massachusetts, Rhode Island, New Hampshire and Connecticut. The sold properties include Shaw’s Plaza, a 121,660-square-foot shopping center in Providence, R.I.; Colony Mill Marketplace, a 112,000-square-foot mixed-use property in Keene, N.H.; The Center at Keene, a 100,000-square-foot mixed-use property also in Keene; and a 6,889-square-foot Advance Auto Parts in Groton, Conn. The properties in Massachusetts include Norfolk Commons, a new development anchored by a 14,409-square-foot freestanding Walgreens in Norfolk; Lakeview Shopping Center, a 36,250-square-foot neighborhood shopping center in Dracut; a 5,610-square-foot building fully leased to Sleepy’s and Supercuts in Salem; and 8 Brookside Road, a 40,000-square-foot industrial facility in Westford.

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