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Boston & New England  + Metro Boston  + Retail  | 

JLL Arranges $19M Sale of Retail Center in Shrewsbury

JLL brokered the $19-million sale of a 64,227-square-foot, single-tenant retail center in Shrewsbury.

Built in 2010, the property is currently net-leased to grocery chain Price Chopper, and is situated on more than 10 acres at 733 Boston Turnpike. More than 133,000 residents earning an average annual household income of about $99,000 live within a three-mile radius of the center.

James Koury and Kellie Coveney of JLL represented the seller, real estate development and management company Nigro Cos., in the transaction. The center was acquired by Coventry Crossing LLC.

For comments, questions or concerns, please contact David Cohen

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Connect With JLL’s KouryConnect With Nigro Cos.

About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.

  • ◦Sale/Acquisition
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