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Wayland Retail Center Fetches $6.3M

Jan 9, 2013 | Reprints | Unlock Link | Print

Wayland Village Plaza, a 31,677-square-foot retail center anchored by a Whole Foods Markets, has been sold for $6.3 million.

NAI Hunneman’s vice presidents Scott Dragos and Doug Jacoby, along with associates Sean Ryan and Mitch Levey, represented the seller, Wayland Group Realty Trust, and procured the buyer, New York-based Katz Properties. The retail center is located at 297 Boston Post Road in Wayland.

"Wayland Village Plaza garnered tremendous interest from multiple buyers due to Whole Foods tenancy and its performance at this location, boasting one the highest area store sales per square foot," Levey said in a statement. "What also made the asset so appealing was its strategic location in Wayland, proximity to major thoroughfares, strong area demographics and upside leasing potential."

Commercial & Industrial