BURLINGTON, MA (today)— The Investment Sales team at KeyPoint Partners, LLC has completed the sale of West Plymouth Square in Plymouth, Massachusetts, according to Jonathan Aron, Vice President of Investment Sales. KeyPoint Partners represented the Seller. The Buyer was procured by Michael Scanio of Cambridge Capital Advisors. The sale price was $7 million.
West Plymouth Square is an attractive 127,847 SF shopping center located at the confluence of Route 44 (Carver Road) and Route 80 (Plympton Road) in Plymouth, Massachusetts. The center is anchored by Ocean State Job Lot and Planet Fitness. Other key tenants include Dollar Tree, Papa Gino’s, Eastern Bank, and Plymouth Liquors.
“West Plymouth Square provides both a stable income stream and the opportunity for significant value creation,” Aron said. “The property provides the new owner with compelling future capital appreciation potential.”
With unique knowledge of the New England markets, KeyPoint Partners’ experienced Investment Sales team offers consistent results for both sellers and buyers through integrated marketing, unparalleled market research, and cutting edge technology. For more information, or a no-obligation opinion of value on retail or mixed-use investment properties, contact JAron@KeyPointPartners.com or 781.418.6225.
Headquartered in Burlington, MA, KeyPoint Partners provides a wide range of services to retailers, property owners, and financial institutions including retail brokerage, investment sales, property & asset management, construction, custom market research, and financing/consulting services. For more information about KeyPoint Partners Commercial Real Estate services, click here.