Updated Oct 13, 2026
Boston 800 Partners LLC Purchases Boston Commons Plaza In Springfield For $10.2 Million
774 Boston Road, 774-800 Boston Rd, Springfield, Ma 01119 & 800 Boston Road
$10,200,000
$98/SF
Building Size
103,494 SF
Asset Type
Retail
Closing
Jul 7, 2026
About this deal
AI
The transaction involved the sale of Boston Commons Plaza, a retail asset located at 774 Boston Road & 800 Boston Road in Springfield, MA. The shopping center spans a total area of 103,494 square feet and was sold for $10,200,000, translating to a price per square foot of $99.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $10,200,000
- Buyer: Boston 800 Partners LLC
- Seller: Michael Klump - RCG Ventures
- Brokers: Justin Smith, Chris Peterson, Danielle Turpin & Matt Ericson - Atlantic Retail
The sale of the property was brokered by Atlantic Capital Partners, facilitating the transaction between Boston 800 Partners LLC and the seller, RCG Ventures, represented by Michael Klump.
On the Map
$10,200,000
$98/SF
Retail
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Players
Springfield 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
1.56%
Cash-on-Cash
-0.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93