Private Investor Acquires Fieldstone Marketplace Retail Center In New Bedford For $12.2M

A private investor purchased Fieldstone Marketplace, a retail asset located at 500 Kings Highway in New Bedford, MA. The shopping center spans 192,003 square feet and was acquired for $12.2 million, resulting in a price per square foot of $64.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $12,200,000
• Address: 500 Kings Highway
• Market: New Bedford, MA
• Square Footage: 192,003
• Price Per Square Foot: $64
• Brokers: Nat Heald, Connor Scott & Jordana Rice Roet - CBRE

This transaction was facilitated by the National Retail Partners team at CBRE, highlighting the professional involvement of the brokerage in the retail market space.