Holliday Fenoglio Fowler, L.P. (HFF) announces the sale of Meadow Glen, an irreplaceable, trophy-quality shopping center anchored by a high-volume Wegmans grocery store and set just minutes from Downtown Boston.

HFF marketed the property on behalf of a private partnership and procured the buyer, global investment manager DWS Group.

Redeveloped in 2017 by a partnership led by New England Development and designed with today’s consumer in mind, Meadow Glen features a high degree of curb appeal and comprises 291,860 square feet of retail space that is 100% leased. The center features a dynamic tenant roster that is marked by credit and term. In addition to Wegmans, which occupies its space under the terms of a long-term lease, other retailers include Kohl’s, DICK’s Sporting Goods, Marshalls and Petco, providing investors with durable cash flow over the holding period.

Meadow Glen stands out as one of only six shopping centers in the Boston market to be anchored by Wegmans, America’s favorite grocery store.

The HFF investment advisory team included senior managing directors Coleman Benedict, Riaz Cassum and Jim Koury and senior director Ben Sayles.

About HFF

HFF and its affiliates operate out of 26 offices and are a leading provider of commercial real estate and capital markets services to the global commercial real estate industry. HFF, together with its affiliates, offers clients a fully integrated capital markets platform, including debt placement, investment advisory, equity placement, funds marketing, M&A and corporate advisory, loan sales and loan servicing. HFF, HFF Real Estate Limited, HFF Securities L.P. and HFF Securities Limited are owned by HFF, Inc. (NYSE: HF). For more information, please visit hfflp.com or follow HFF on Twitter @HFF.