September 17, 2018

Sturbridge plaza sells for $7M

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A retail plaza at 178 Main St. in Sturbridge has sold for $7.5 million, eight years after a portion sold for $3.3 million.

A Sturbridge retail plaza anchored by a Shaw's, JCPenney and Ocean State Job Lot has sold for $7 million.

The nearly 15-acre site at 178 Main St. last sold in 2002 for $7.5 million. Part of the site, however, was sold to Ocean State Job Lot in 2010 for $3.3 million.

The sale closed July 30.

Buying the property was Dragonfly Ibis Sturbridge LLC, which is licensed with a residential address in Miami. It was sold by EDENS, a real estate owner and developer based in Columbia, S.C.

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