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Boston & New England  + Metro Boston  + Retail  | 
Neiman Marcus at Natick Mall, Natick MA

Bulfinch, Harrison Street Acquire Neiman Marcus at Natick Mall

An affiliate of Boston-based The Bulfinch Companies, Inc., and Harrison Street have acquired the Neiman Marcus department store property at the Natick Mall in Natick, MA.

Bulfinch and Harrison Street are developing plans to reposition the property to meet current market demands. Bulfinch will serve as developer and property manager.

 The property is contiguous to Brookfield Properties-owned Natick Mall, the largest mall in New England by tenants and occupied square footage. The two-floor, 94,000-square-foot space is 16 miles west of downtown Boston.

“Acquiring the Neiman Marcus building presents a rare and exciting opportunity to reposition a first-rate asset in a high barrier to entry market that is experiencing significant growth,” said Mark Burkemper, senior managing director and head of North American transactions at Harrison Street.

Bulfinch and Harrison Street have partnered on eight developments and acquisitions in metro Boston representing more than $2 billion in gross costs.

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Harrison Street’s Burkemper

About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.

  • ◦Sale/Acquisition