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Winthrop’s Michael’s Mall Sells For $3.1M

Michael's Mall Winthrop-based MSA Mortgage has purchased Michael’s Mall, a 24,460-square-foot retail center in downtown Winthrop, for $3.1 million.

The mall was built at the corner of Putnam and Jefferson streets in the 1970s by the seller, the Carruccio family.

Caroline Ligotti, Emily McGranaghan and Linda Redeker of Otis & Ahearn brokered the sale. MSA Mortgage is located around the corner from the mall at 5 Fremont St.

Tenants include the U.S. Post Office, Michael’s Hallmark and Paesan’s Brick Oven Pizzeria.

Commercial & Industrial