Benderson Development Buys 53,400 SF Retail Property in Cambridge, Massachusetts

CAMBRIDGE, MASS. — South Florida-based investment firm Benderson Development has purchased a 53,400-square-foot retail property located outside of Boston in Cambridge. The property at 340 River St. is located roughly one mile from Harvard University and the Massachusetts Institute of Technology and houses a 40,000-square-foot Whole Foods Market and a 13,000-square-foot Walgreens. The seller and sales price were not disclosed.