October 18, 2018
Sudbury plaza sells for $19M
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Nearly 90,000 square feet of retail space at Sudbury Crossing has sold for $19 million.
Sudbury Crossing, a T.J.Maxx-anchored retail plaza on Route 20 in Sudbury has sold for just under $19 million.
The buyer was Cincinnati-based Phillips Edison & Co. in a transaction that closed in July, according to town records.
The plaza, with 90,000 square feet of leasable space, also includes a RiteAid, Subway, Domino's, Olympia Sports and others. The plaza's Sudbury Farms grocery store building was not part of the sale, according to town records.
The site, at 421-437 Boston Post Road, was previously owned by Sudbury Crossing LLC, an entity registered to the Brookline address of CGI Management.
The nearly 10-acre property was last assessed at $12.1 million.
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