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Springfield Crossing 1655 Boston Rd 203,512 SF 99% Leased 4-Star Retail Building Springfield, MA 01129 For Sale
Investment Highlights
- 232,006 SF Regional Open-Air Shopping Center
- 99% Leased to 16 Traffic Generating Brands
- Located in Springfield's Dominant Retail Node - Boston Road
- New, Long-Term Leases With a 15.8-Year WALT Remaining
- Largest Open-Air Shopping Center Between Worcester, MA and Albany, NY
Executive Summary
Atlantic Capital Partners has been exclusively retained to market for sale Spring?eld Crossing, a newly constructed, 232,006 square foot regional power center located at 1655 Boston Road in Spring?eld, Massachusetts. Situated at the epicenter of Western Massachusetts’s primary retail corridor, Spring?eld Crossing represents one of New England’s most signi?cant retail redevelopment stories with the transformation of the former En?eld Mall into a modern, open-air shopping destination anchored by two of retail’s most durable and tra?c-generating brands.
Leased to BJ’s Wholesale Club and Hobby Lobby, the property is co-tenanted by a best-in-class roster of national retailers including PetSmart, La-Z-Boy, Chick-?l-A, Chipotle, Chase Bank, Skechers, and Carter’s. Spring?eld Crossing is 99% leased or committed across 228,756 square feet — delivering a near-stabilized asset to market at the outset of its operating history.
As the only open-air power center of its scale between Worcester and Albany, Spring?eld Crossing resides at an uncontested position in Western Massachusetts’s primary retail market and presents a unique opportunity to acquire a newly built, institutional-quality asset with long-term NNN leases, a recession-resistant tenant roster, and meaningful barriers to new competition.
Spring?eld Crossing is being o?ered without a formal asking price with a Call For O?ers to be scheduled.
Leased to BJ’s Wholesale Club and Hobby Lobby, the property is co-tenanted by a best-in-class roster of national retailers including PetSmart, La-Z-Boy, Chick-?l-A, Chipotle, Chase Bank, Skechers, and Carter’s. Spring?eld Crossing is 99% leased or committed across 228,756 square feet — delivering a near-stabilized asset to market at the outset of its operating history.
As the only open-air power center of its scale between Worcester and Albany, Spring?eld Crossing resides at an uncontested position in Western Massachusetts’s primary retail market and presents a unique opportunity to acquire a newly built, institutional-quality asset with long-term NNN leases, a recession-resistant tenant roster, and meaningful barriers to new competition.
Spring?eld Crossing is being o?ered without a formal asking price with a Call For O?ers to be scheduled.
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
203,512 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2026
Percent Leased
99%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Lot Size
28.50 AC
Zoning
BUS-A - Business A
Fairly walkable
50/100
Exceptionally drivable
90/100
Minimal public transit
10/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $16,872,319 CAD | Total Assessment | $16,872,319 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$16,872,319 CAD
Improvements Assessment
$0 CAD
Total Assessment
$16,872,319 CAD
Contacts
-
Justin Smith -
Chris Peterson -
Danielle Turpin -
Matt Ericson -
Matt Austin -
Atlantic Capital Partners
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Springfield Crossing | 1655 Boston Rd
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