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Inland Real Estate Group Acquires Retail Portfolio In Peabody, Arlington, And Lexington For $295M

Property Image
SOLD
$295,000,000
Chris Angelone
Matthew (Matt) Sherry
+ 2

Massachusetts

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Retail748,141 SF
Sold 04/22/2021
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Property Image
SOLD

Inland Real Estate Group Acquires Retail Portfolio In Peabody, Arlington, And Lexington For $295M

19 Howley St, Peabody, MA, USA

See Similar Deals
Retail748,141 SF
Sold 04/22/2021
Chris Angelone
Matthew (Matt) Sherry
+ 2
Contact now

Summary

MASSACHUSETTS
Asset Type:Retail
Price Per Square Foot:$394
Total Square Footage:748,141 SF
Transaction Type:Sale

The retail property located at 19 Howley St, 905 Massachusetts Ave, 35 Bedford St, 55 Long Pond Dr, 469 Pleasant St, 595 Smithfield Rd, 446 Putnam Turnpike, 333 W. River St, 1391 Main St, 195 West St, & 15 Franklin St was sold in a transaction. The property is situated in Peabody, Arlington, Lexington, South Yarmouth, Attleboro, MA, North Smithfield, Greenville, Providence, RI, Willimantic, Cromwell, Seymour, CT. The property has a total area of 748,141 square feet and was sold for a price of $295,000,000, resulting in a price per square foot of $394.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $295,000,000
  • Seller: Winstanley Enterprises - David Winstanley & Surrey Equities - Edward Silvera
  • Buyer: Inland Real Estate Group of Companies, Inc. - Daniel L. Goodwin
  • Brokers: Nat Heald, Jose Cruz, Chris Angelone, & Matthew Sherry - JLL

The sale of the property was facilitated by brokers Nat Heald, Jose Cruz, Chris Angelone, and Matthew Sherry from JLL. These key individuals and companies played a crucial role in the transaction, representing the seller, Winstanley Enterprises and Surrey Equities, and the buyer, Inland Real Estate Group of Companies, Inc. The deal was successfully closed, resulting in the sale of the retail property.

Players

Jose Cruz
102 deals$7.9B volume(201) 240-7546
BROKER

Matthew (Matt) Sherry
Colliers
27 deals$1.3B volume(401) 378-2844
BROKER

Chris Angelone
JLL
24 deals$2.2B volume(617) 316-6466
BROKER

Nat Heald
CBRE
20 deals$885.9M volume
BROKER

Details

SOLD
IMAGE: Nat Heald, Edward Silvera, Jose Cruz, David Winstanley, Matthew Sherry, Daniel L. Goodwin, Chris Angelone DATE: 04/22/2021 ADDRESS: 19 Howley St, 905 Massachusetts Ave, 35 Bedford St, 55 Long Pond Dr, 469 Pleasant St, 595 Smithfield Rd, 446 Putnam Turnpike, 333 W. River St, 1391 Main St, 195 West St, &; 15 Franklin St MARKET: Peabody, Arlington, Lexington, South Yarmouth, Attleboro, MA, North Smithfield, Greenville, Providence, RI, Willimantic, Cromwell, Seymour, CT ASSET TYPE: Retail SELLER: Winstanley Enterprises - David Winstanley & Surrey Equities - Edward Silvera BUYER: Inland Real Estate Group of Companies, Inc. - Daniel L. Goodwin BROKERS: Nat Heald, Jose Cruz, Chris Angelone, & Matthew Sherry - JLL SALE PRICE: $295,000,000 SF: 748,141 ~ PPSF: $394

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