Framingham Online News

Nobscot Shopping Center Gets New Property Manager

Filed under: Business by Randy Harris at 6:05 pm on September 30, 2011
Nobscot Shopping Center, 770 Water St., Framingham, MA

Nobscot Shopping Center, 770 Water St., Framingham, MA

FRAMINGHAM, MA- The long awaited "October 1st announcement" about the Nobscot Shopping Center has arrived a day early.

In an email from Steve Sylven of SuperValu Inc., (NYSE: SVU), he informed me that, "As of October 1st, Boylston Realty Advisors will be acting as property manager for the Nobscot Shopping Center", and added, "We will be working with them to finalize design plans and market the plaza to potential tenants ".

Steve also commented that they are "still in the early planning stages, but as more concrete plans come together, [they] will share them", and that they are "are committed to making the needed improvements to the property and actively marketing the space to new tenants".

Boylston Realty Advisors offices are located at 355 Middlesex Avenue, Suite 7 in Wilmington, MA.

SuperValu Inc. is the parent company of the Shaws and Star Market grocery store chains and holds a long term lease on the Nobscot Shopping Center and adjacent, (former Texaco), gas station property.

The shopping center is comprised of three parcels in North Framingham,  (770 Water Street, 770 "Rear" Water Street, and 881 Edgell Road).  All three parcels are still owned and or controlled by principals of Centercorp Retail Properties, Inc.

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