TRB Realty closes $2.99 million sale of Town Plaza in Northbridge

Northbridge, MA On behalf of J&N Whitinsville Trust, TRB Realty has closed the $2,999,999 sale of Town Plaza, a fully occupied, 31,745 s/f retail strip plaza on 8.56 acres of land with pylon signage and abundant off street parking.

According to TRB president, Thomas Blakely, CCIM, “It was a pleasure to exclusively represent ownership in the sale of Town Plaza. For many decades, the property has been a stable, well performing asset, and the future appears very bright for Town Plaza and its new owner.”

“Once again, TRB Realty has come through for us. Tom’s thoroughness and professionalism are exemplary. When on an assignment he takes the time to understand the property, the market, identify the potential buyers and see the transaction through to the closing,” said Lou Vinios of JPA Management LLC.

TRB Realty was the sole broker in the transaction.

Tags: Brokerage Retail

Reprint

Previous Story Next Story

Prescott IOS secures lease of 151 Rivermoor St. for Eastern Bus Co. at 151 Rivermoor St. in West Roxybury

West Roxbury, MA Prescott IOS has arranged an industrial outdoor storage lease for Eastern Bus Company at 151 Rivermoor St. David Skinner and Devon Wagner of Prescott IOS represented the tenant, while Caroline Munn nd Rob Byrne of CBRE represented the landlord, Feeney Brothers Real Estate. The 40,000 front foot site gives the bus operator secured yard space close to the routes it serves across Boston and the inner suburbs.

Northshore Phoenix High School moves to 10,744 s/f at Cummings Center

Northshore Phoenix High School moves to Cummings Center

Combined Properties leases 18,581 s/f in Centennial Park to HTS Engineering

Combined leases 18,581 s/f to HTS Engineering

Summit brokers freestanding Taco Bell entry into Cape Cod market

NAI Glickman Kovago & Jacobs brokers acquisition of Quarry Square

READ ON THE GO

DIGITAL EDITIONS

Browse Now

Quick Hits

Brokerage

Rhone leases 40,000 s/f on the top two floors of RFR’s 300 Atlantic Street

Columns and Thought Leadership

End of the year retail thoughts - by Carol Todreas

Now what? As the year comes to a close, the state of retail is always in the news. The answers vary greatly depending on who in the various related industries you ask, each offering a unique lens on the challenges and opportunities ahead.

The rise of AI in CRE - And what it means for every skilled profession - A broker & appraiser weighs in - by Bryan Plourde

This may seem self-serving, and I’ll be the first to admit it. But unlike some of the artificial intelligence tools now reshaping our industry, I am fully aware of my own bias. So, hear me out. The rise of AI in commercial real estate is not a distant threat or a speculative headline.