Newmark Knight Frank sells 31,623 s/f The Shops at Mall Road

Burlington, MA Newmark Knight Frank (NKF) has completed the sale of The Shops at Mall Road to a private equity fund managed by Crow Holdings Capital Partners, L.L.C. Executive managing director Geoffrey Millerd, managing director Justin Smith, associate director Paul Penman and financial analyst Christopher Peterson of NKF’s Boston Capital Markets Group, which is led by U.S. Head of Capital Markets Robert Griffin, oversaw the transaction of the 100% leased shopping center on behalf of RJ Kelly. 

Totaling 31,623 s/f, The Shops at Mall Road is fully occupied by a six-tenant roster including Duluth Trading Co., Catherines, Cycl3, Orangetheory Fitness, Wendy’s and Supercuts. Most notably, the property serves as home to Duluth Trading Co.’s first store in the New England marketplace.