Sam Ankin Of Northpond Partners Acquires Wayland Town Center From BOS Retail 1 LLC For $36M
4 Elissa Avenue
$36,000,000
$189/SF
Building Size
190,000 SF
Asset Type
Retail
Closing
Dec 22, 2025
AI
The retail asset located at 4 Elissa Avenue in Wayland, MA was sold for $36,000,000. The property encompasses a total area of 190,000 square feet, resulting in a price per square foot of $189. This acquisition marks a significant transaction within the MetroWest market.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $36,000,000
- Buyer: Sam Ankin - Northpond Partners
- Seller: BOS Retail 1 LLC
- Square Footage: 190,000
- Price Per Square Foot: $189
Sam Ankin represented Northpond Partners in this transaction, which is noted as their first acquisition in the Greater Boston area. The purchase includes the Wayland Town Center, which is currently anchored by Stop & Shop and is planned for modernization under the new ownership.
Players
Dracut Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.44%
Cash-on-Cash
-0.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93