Kinder of Coldwell Banker Commercial NRT brokers $5.75 million sale

January 22, 2015 - Retail
225-229 Turnpike Road - Westborough, MA 225-229 Turnpike Road - Westborough, MA

Westborough, MA Christina Kinder of Coldwell Banker Commercial NRT recently brokered the sale of 225-229 Turnpike Rd., a shopping center also known as Stagecoach Plaza, for $5.75 million.

 The property, conveniently located at the intersection of Rtes. 9 and 135, is comprised of a 20.5 acre site with 34,719 s/f of retail next to a 12-screen Regal Cinema. The retail buildings includes the following tenants; Uno’s, Outback Steakhouse, Spa Tech Institute and Fun, Family & Friends F3, along with access to a parking lot with 875 parking spaces.

Kinder represented the seller, Northside Realty Trust. The property was purchased by Mobile Street Realty Trust.

“This is a desirable plaza with an ideal location where activity from nearby areas is robust and parking is plentiful,” said Kinder. “These factors were critical in helping to attract the buyer.”

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