Reports: National Development Buys Watertown Mall in Metro Boston for $100M

Charles River Chamber “Still Optimistic” After Watertown Mall Sale

Last week’s sale of the Watertown Mall property ended plans to create a life science campus on the north side of Arsenal Street, but the Charles River Regional Chamber said it remains bullish on prospects for that section of town. On Oct. 21, the Boston Globe reported the sale of 550 Arsenal St., the 17.5 […]

Reports: National Development Buys Watertown Mall in Metro Boston for $100 Million

Watertown, Mass. — National Development has purchased Watertown Mall, a 260,867-square-foot shopping center located about six miles northwest of Boston, with plans to enhance the property and continue its operation… The post Reports: National Development Buys Watertown Mall in Metro Boston for $100 Million  appeared first on Shopping Center Business.

Reports: National Development Buys Watertown Mall in Metro Boston for $100M

WATERTOWN, MASS. — National Development has purchased Watertown Mall, located on the western outskirts of Boston, with plans to enhance the property and continue its operation as a retail destination, as confirmed in a statement by the regional owner-operator. According to reports from multiple publications, including Axios and the Boston Business Journal, the sales price was $100 million, and the purchase represents a split from an original pla…