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Retail

Colony Place

Plymouth, MA

399,549 SqFt

Built in 2005

Core

Investment Highlights

  • One of the Largest Open-Air, Grocery Anchored  Shopping Centers in Greater Boston
  • 54,000 CPD traveling on Rt 3 & Rt 44 delivered over 5.4 Million shoppers to Colony Place in the last 12 months
  • Outstanding Available Debt Terms from an Investment Bank for qualified investors at 5.2%, 67% L/V, 10 Yr IO
  • Shadow-anchored by a 212,000 square foot Wal-Mart Supercenter that drew 2.1 million customers in the last 12 months
  • New roof installed on the entire center last year at a cost of over $2m
  • Its location at the junction of the region's two major highways positions it at the center of one of the fastest-growing regions in the greater Boston area
  • Ease of access to Rt 44, the primary East-West divided highway in Southeastern Massachusetts, with close proximity to Rt 3, the main highway connecting Boston to Cape Cod
  • Other attractive investment characteristics include a wide selection of the country's leading retailers, diversified products and services and positive trending sales growth

Exclusively listed by

  • James M. Koury

    Senior Managing Director Investments

    Boston, MA

    (617) 896-7231

    jkoury@ipausa.com

    Boston, MA

    License(s): MA: 9010104, RI: REB.0014481, NH: 005566, ME: DB904355, NY: 10301206120, CT: REB.0755412

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