Stop & Shop plaza in Hudson sells for $22M, up nearly $5M in two years
Courtesy | JLL Capital Markets
The Center at Hudson is anchored by a Stop & Shop.
An entity registered to a Long Island real estate investor purchased a Stop & Shop-anchored real estate plaza for $22 million, less than two years after it was sold for $17.2 million.
The plaza at 10 Technology Drive in Hudson was sold on Wednesday to CFP Hudson LLC of Boston, managed by Long Island-based real estate investor and philanthropist Rosario Cassata, according to the Middlesex South Registry of Deeds.
Cassata manages a second entity in Massachusetts, CFP Peabody LLC, though a search of public records does not show any recent transactions in Peabody by that company.
The Hudson property was sold by NNM Realty Trust of Andover, who purchased the property in May 2021 for $17.2 million. The property is assessed by the Town of Hudson for $16.9 million.
The sale comes less than two weeks after a Stop & Shop-anchored plaza in Framingham sold to a Florida-based investor for $15.7 million.
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