The Westborough Shopping Center, the Route 9 plaza anchored by Stop & Shop and Staples, is headed for a foreclosure auction scheduled for Dec. 8, 2026, at 11 a.m. The sale comes as the property’s owner also holds town approval for a very different future: a redevelopment plan that would bring more than 100 new housing units to the site.
The auction was scheduled by First Tech Federal Credit Union, according to Banker & Tradesman. NBC Boston reports that First Tech Federal Credit Union was formerly named Digital Federal Credit Union. The properties at 18 and 30 Lyman St. are owned by Westborough-based Colangelo Massachusetts Real Estate LLC, which received financing from Digital Federal Credit Union in December 2022, per Banker & Tradesman’s reporting.
The two outlets differ on the mortgage’s size and timing. NBC Boston, in a report published Nov. 9, 2026, says the credit union provided the mortgage “just last year,” or in 2025, while Banker & Tradesman says it was received in December 2022. The outlets also report different amounts: NBC Boston’s reporting puts the mortgage at $32 million, while Banker & Tradesman reports a $30.75 million mortgage from Digital Federal Credit Union. Hoodline could not independently reconcile the discrepancy, and neither figure is presented here as definitive.
Two Buildings, Two Very Different Price Tags
The shopping center itself is split across two addresses. The 18 Lyman St. property holds a 161,545-square-foot retail building with 12 commercial storefronts that was completed in 1979, according to Banker & Tradesman. The 30 Lyman St. property includes a restaurant and a 187,530-square-foot retail building built in 1981, anchored by the Stop & Shop supermarket, the outlet reports…