Middlesex Marketplace Update 01/10/18

Burlington’s Middlesex Marketplace trades for $29 million


Trammell Crow Company has acquired Middlesex Marketplace, a 38,243-square-foot outdoor retail mall located just off of Interstate 95/128 in Burlington, for $29 million. The sale of the mall, which was built in 2013, amounts to over $750 per square foot. Newmark Knight Frank represented the property’s private seller and procured Trammell Crow as the buyer. Middlesex Marketplace is located across from the Burlington Mall and features a free-standing Del Frisco’s Grille, as well as tenants including Bassett Furniture, Qdoba Mexican Grill and Visionworks. Trammell Crow also acquired The Shops at Mall Road, a 31,623-square-foot retail property located at nearby 112 Burlington Mall Road, for $14.75 million in Fall 2017.

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