Plaza 188, a 71,462-square-foot, grocery-anchored retail center in Downtown Malden, recently sold for $15.5 million.

NAI Hunneman Executive Vice President and Principals David N. Ross & Trey Agnew, along with Senior Vice Presidents Doug Jacoby and Scott Dragos represented the seller, Commercial Street Venture LLC, and procured the buyer, Plaza 188 Assoc., in the transaction.

"Plaza 188 presented a superior opportunity to acquire a newly developed retail center along one of the busiest streets in Malden combined with a strong tenant roster and a high-credit anchor making it a wonderful value for both the buyer and the seller," said Ross.

Plaza 188 is 98 percent occupied and home to a number of national, regional and local businesses and retailers. It is anchored by Hong Kong Supermarket, a growing national supermarket chain with 14 locations in five states.