The sale price of the current transaction was not disclosed. Onyx and Artemis acquired the property in April 2013 from TIAA-CREF for $21.5 million, according to Real Capital Analytics, a proprietary research database provider.
The property is currently 42% occupied, but a lease with Key Food, a Northeastern-based independent grocer, will take the center's occupancy to 62% in early 2017.
Recommended For You
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.