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TA Associates Sells 203,000-SF Shopping Center for $20M

WORCESTER, MA-TA Associates Realty sells Perkins Farm Marketplace, a 203,000-sf community shopping center, to Kramont Realty Trust for nearly $19.8 million. The center was originally built in 1965 and renovated in the late 1990s.

By Naomi Grossman | Updated on October 03, 2004

WORCESTER, MA-TA Associates Realty sold Perkins Farm Marketplace to Kramont Realty Trust for nearly $19.8 million. Cushman & Wakefield’s financial services group of Robert E. Griffin, Jr., Edward C. Maher, Geoffrey Millerd, Marci Griffith Loeber and Ryan Cox represented TA Associates Realty in the transaction and procured Kramont.

Perkins Farm Marketplace is a 203,000-sf community shopping center located on nearly 20 acres just north of the Massachusetts Turnpike on Route 122 in central Massachusetts. Among its anchor tenants are Super Stop & Shop, Building #19 and AJ Wright. Other tenants include KB Toy Store, Fashion Bug, Payless Shoe Source, Dots, H&R Block and Radio Shack. This center was originally built in 1965 and was renovated in the late 1990s.

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