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James M. Taylor, Jr Of Brixmor Property Group Acquires Retail Asset In Acton For $38M

Property Image
SOLD
$38,000,000

Massachusetts

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Retail138,000 SF
Sold 08/27/2024
the dealdetailscomps
Property Image
SOLD

James M. Taylor, Jr Of Brixmor Property Group Acquires Retail Asset In Acton For $38M

291 Main Street

See Similar Deals
Retail138,000 SF
Sold 08/27/2024
the dealdetailscomps

Summary

MASSACHUSETTS
Asset Type:Retail
Price Per Square Foot:$275
Total Square Footage:138,000 SF
Transaction Type:Sale

Brixmor Property Group acquired a grocery-anchored shopping center located at 291 Main Street, Acton, MA for $38 million. The property encompasses approximately 138,000 square feet and features a mix of tenants, including national brands such as Roche Bros., TJ Maxx/HomeGoods, and Chase Bank. It is situated in a high-income area with strong access to major roads.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $38,000,000
  • Square Footage: 138,000
  • Price Per Square Foot: $275
  • Buyer: James M. Taylor, Jr - Brixmor Property Group
  • Address: 291 Main Street
  • Market: Acton, MA

James M. Taylor, Jr represents Brixmor Property Group in this transaction, facilitating the acquisition of Acton Plaza. This deal highlights Brixmor's strategy to enhance its portfolio with retail properties in advantageous locations.

Details

SOLD
IMAGE: James M. Taylor, Jr DATE: 08/27/2024 ADDRESS: 291 Main Street MARKET: Acton, MA ASSET TYPE: Retail BUYER: James M. Taylor, Jr - Brixmor Property Group (@BrixmorPropertyGroup) SALE PRICE: $38,000,000 SF: 138,000 ~ PPSF: $275 NOTE: Brixmor acquired Acton Plaza, a ~138,000 SF grocery-anchored shopping center in Acton, MA, for $38 million. The property features a mix of national and local tenants, including Roche Bros., TJ Maxx/HomeGoods, and Chase Bank, and serves a high-income area with strong access to major roads.

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