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
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Colony Place
