Million
The ever so popular Wayland Village Plaza
now has a new owner, Katz Properties out of New York. This 31,677
square foot suburban strip mall at 297 Boston Post Rd. (Route 20)
is home to a variety of businesses, most notably the Whole Foods
Market. The now former owners, Henri and Issac Mehrez of the seller
title Wayland Group Realty
Trust, owned the plaza since the 1980s and actually procured the
buyer.
Purchased for $6.3 Million, a spokesperson on the transaction
stated, Wayland Village Plaza
garnered tremendous interest from multiple buyers due to Whole
Foods tenancy and its performance at this location. What also made
the asset so appealing was its strategic location in Wayland, proximity to
major thoroughfares, strong area demographics, and upside leasing
potential.
More Information: Worcester Business
Journal