February 28, 2025 – Bob Horvath and Todd Tremblay of Horvath & Tremblay have successfully completed the sale of an Aldi anchored center in Wareham, Massachusetts. Horvath & Tremblay exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $6,775,000.
The Aldi Anchored Center is located at 2419 Cranberry Highway (MA Route 28) in Wareham, Massachusetts. The Aldi anchored center consists of a 29,910 square foot inline strip center leased to Aldi (Corporate Ground Lease), Dollar Tree and Kadrmas Eye Care of New England, and a 5,337 square foot inline strip center leased to UPS, Jersey Mike’s, Mimi’s Nails and Glow Tanning. The center is also improved by a freestanding AutoZone, Wendy’s and Mattress Firm that were not part of the sale. The Aldi anchored center is exceptionally well located at the intersection of Tobey Road and Cranberry Highway (MA Route 28), and benefits from meticulous planning during development with four points of access, and visibility and frontage that have been maximized by each building’s positioning on the site. The properties are situated at the intersection of Tobey Road and Cranberry Highway (MA Route 28), just seconds from the I-195 Exit 21-on/off ramp, and 1,000 feet from the junction of Interstates 495 and 195. Located in the heart of the area’s primary commercial corridor, the property is surrounded by numerous businesses and retailers (Target, Walmart Supercenter, Lowe’s, ALDI, DSW, TJ Maxx, Petco, Michaels, Staples, Chipotle, Starbucks, 99 Restaurant, Five Guys, and Dunkin’ Donuts) attracting consumers to the area.
Horvath & Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in the United States. Our advisors specialize in the sale of single tenant net-lease assets and retail shopping centers. They have experience successfully structuring sale lease-back programs, portfolio dispositions, and 1031 exchanges. Horvath & Tremblay is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.