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WP REALTY ACQUIRES MIDDLEBOROUGH CROSSING

MIDDLEBOROUGH, MASS. — WP Realty has acquired Middleborough Crossing, a 132,158-square-foot, grocery-anchored shopping center in Middleborough, for $13.6 million. Situated on 26.17 acres on Route 28, the property comprises a 24.84-acre parcel that contains the existing shopping center and an adjacent 1.33-acre parcel that features a vacant office building. The second parcel will allow the owner to add a 5,000-square-foot retail pad. Currently, the property is 93 percent leased to tenants such as a 35,340-square-foot Hannaford and a 25,000-square-foot Ocean State Job Lot. Robert Griffin, Geoffrey Millerd and Michael d’Hemecourt of Cushman & Wakefield procured the buyer and represented the undisclosed seller.

Content Partners
‣ Arbor Realty Trust
‣ Bohler
‣ Lee & Associates
‣ Lument
‣ NAI Global
‣ Northmarq
‣ Pavlov Media
‣ Walker & Dunlop

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