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Watertown Mall Update 04/22/21

Watertown Mall Sold in $130 Million Transaction

Rosen Associates Management Corp sold 550 Arsenal Street - the site of the former Watertown Mall - to Alexandria Real Estate Equities for $130,000,000. Built in 1975, the Watertown Mall features 264,549 SF of retail space located on Arsenal Street. The site features 18 acres adjacent to another ARE project the former Athenahealth complex.

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