News: Retail

McEvoy of Conrad Group facilitates
$9.5m sale of Sterling Plaza

Randolph, MA Sterling Trust has sold its Sterling Plaza neighborhood retail site located at 45 Mazzeo Dr. to The Shops at Randolph, LLC. The property is home to several restaurants, including the West End Grill, The Well, Outback Steakhouse and It’s Game Time Sportsbar.

The new owner is currently marketing the plaza’s 26,165 s/f anchor space for lease – it was formerly occupied by Bob’s Stores. Sterling Plaza in located off Rte. 24 on Rte. 139, adjacent to the Randolph Showcase Cinema.

Conrad Group senior vice president, James McEvoy, represented the seller and introduced the buyer. According to the Norfolk County Registry of Deeds, the sale price was $9.5 million.

Tags: Retail
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