LEOMINSTER, Mass.— A newly constructed retail plaza in Leominster anchored by Starbucks has been sold for approximately $5.2 million, according to reporting by the Worcester Business Journal.
The three-tenant property at 10-16 Jungle Road was purchased by Princeton-based 10 Jungle LLC in a transaction that closed on June 4, according to Worcester Northern District Registry of Deeds records cited by the Worcester Business Journal. The purchasing entity is managed by Daniel Hollis.
The seller was Leominster Retail Management, an affiliate of Michigan-based Mid-America Real Estate. According to the report, Mid-America acquired the property in 2023 for $800,000 before developing the retail center…