Image courtesy of Wellesley Board of Assessors

The Taylor Block portfolio, a cluster of mixed use buildings that occupies over an acre in Wellesley Square, was acquired by Quincy-based Jumbo Capital.

The purchase price was $15.25 million, according to a Middlesex County deed.

Jay Hirsh, Jumbo Capital’s founder and managing director, said he’s committed to keeping the mix of current shops and restaurants, most of which are independently owned. No major changes to the property are planned in the near term.

“A lot of the retailers are beloved, and I don’t want to do anything to lose any of those tenants,” Hirsh said.

Longtime owners Sullivan & Co. of Braintree hired brokerage Colliers to market the 1.2-acre property, which includes retail, office, residential and auto repair space totaling approximately 70,000 square feet.

The property is located in one of Wellesley’s MBTA Communities zoning districts, but has limited redevelopment potential for additional housing creation.

A marketing brochure issued by Colliers suggested that the property could accommodate roughly twice as much density, but Hirsh said it’s unlikely Jumbo Capital will propose any major changes in the near future.

“It’s a long-term hold, so maybe down the road we’ll contemplate higher and better uses,” he said.

At another site across town, Jumbo Capital this month unwrapped plans to demolish a 70,000 square-foot office complex at 888 Worcester Road and construct a senior housing development.

Founded by Hirsh in 2009, Jumbo Capital has invested over $1 billion in Greater Boston properties.