TA Realty & Wilder Acquires Retail Portfolio In Newton, Woburn, Norwood, Cambridge, Sudbury, Wellesley, MA & Cranston, RI For $390M

The recently closed property transaction involves a retail asset located at 2040-2060 Commonwealth Ave, 368 Cambridge Rd, 134 Nahatan St, 37 White St, 505 Boston Post Rd, 1074 Lexington St, 442 Washington Street, and 542 Pontiac Avenue. This portfolio of properties is situated in Newton, Woburn, Norwood, Cambridge, Sudbury, Wellesley, MA, and Cranston, RI. The total square footage of the asset is 729,437, with a price per square foot of $535. The transaction was completed on 05/18/2022, and the sale price amounted to $390,000,000.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $390,000,000
• Buyer: TA Realty & Wilder
• Brokers: Robert Griffin, Geoffrey Millerd, Jonathan Martin, Paul Penman, Mathew Adler, and Richard Ruggiero from Newmark

The notable individuals and companies involved in this transaction include TA Realty & Wilder as the buyer and a team of brokers from Newmark, including Robert Griffin, Geoffrey Millerd, Jonathan Martin, Paul Penman, Mathew Adler, and Richard Ruggiero. These professionals played crucial roles in facilitating the successful completion of the deal.