A 60,748-sf Shaw's supermarket and a 25,752-sf Marshall's anchor 176,000-sf Shaw's Plaza. The price was $29 million, including the assumption of a first mortgage of about $14.2 million at 5.58%, which is due in 2014. An initial portion of the property was built in 1967 and expanded in 1986-1987. The Shaw's unit expanded in 2004, according to Ullman.

He tells GlobeSt.com the seller was a private individual. With this buy, he says, "we are now the owner of more than 1.5 million sf of supermarket-anchored properties in the high growth and high demographic Boston suburbs and Connecticut-Boston corridor, complementing our substantial presence in both Philadelphia and the Greater Washington, DC area." Also with the two additions, Cedar has added a leasing associate to its office in Franklin, MA and an asset manager in the DC area.

The 88,000-sf Stonehedge Square was built in 1990. The price was nearly $13.5 million, and the seller is a JV fund affiliated with New Hyde Park, NY-based Kimco. A Nell's Market, which is an affiliate of American Wholesale Grocers, anchors the center and recently expanded to 51,687 sf and extended its lease for 20 years, exclusive of options.