Mortgage Marketshare Module
- Accurately track commercial and residential lending, measure sales performance against competition and market activity, identify high-performing competitors, and locate and target emerging markets.
  
  LEARN MORE >>
Loan Originator Module
- Access the largest and most comprehensive mortgage loan origination database in New England with round-the-clock interactive access and weekly trend updates.
  
  LEARN MORE >>
Marketing Lists
- Gain access to the most accurate and detailed transaction information in the country and offers a range of marketing lists for more than 130 million households (covering 94% of the U.S. population).
  
  LEARN MORE >>
Custom Research
- Powered by one-of-a-kind real estate, mortgage, and loan origination data, The Warren Group provides custom solutions for your research projects, database expansion, and strategic planning.
  
  LEARN MORE >>
Real Estate Records Search
- Access the largest and most complete real estate database in New England, including sales, price trends, liens and foreclosures.
  
  LEARN MORE >>

Salem Developer Sells Stop & Shop-Anchored Property for $53M

Sep 1, 2021 | Reprints | Unlock Link | Print

Image courtesy of Google Maps

A Salem developer has sold a grocery-anchored shopping center in Andover to a California investor for $53.5 million.

The 12.6-acre property at 209 North Main St. includes a 102,631-square-foot shopping center known as Shawsheen Plaza completed in 1959.

The seller, Guys of Andover LLC, is an affiliate of Salem-based Centercorp Retail Properties, which paid $12.7 million for the property in 2008, according to Essex County Registry of Deeds records.

The latest transaction on Aug. 19 received $85 million in mortgage financing from Ameris Bank.

The buyer, Pasadena-based Exchangeright Essential, specializes in acquisitions of net-leased and value-add portfolios for Delaware Statutory Trust 1031 exchanges.

B&T Daily