Nuveen Real Estate acquires 147,273 s/f retail asset at 350 Washington

October 25, 2019 - Retail

Boston, MA Nuveen Real Estate acquired 350 Washington, a 147,273 s/f, class A flagship retail asset located in Downtown Crossing. The property is anchored by Marshall’s, HomeGoods, TJ Maxx and Boston Sports Club. 

“This retail asset has strong tenant credit profile in a dominant retail node with ample exposure to the area’s office, residential and tourist traffic. 350 Washington provides an attractive risk-adjusted return given the core nature of its tenants, limited future capital requirements combined with an attractive investment basis,” said Manuel Martin, head of U.S. Retail at Nuveen Real Estate.

Tags:

Comments

Add Comment


More from the New England Real Estate Journal