January 25th, 2025 | Cape Cod Times
Sold for $11.5 million. Here's what the new owner has planned.
A Harwich shopping center has sold for $11.5 million, according to the Barnstable County Registry of Deeds. The 1988-built Harwich East Plaza is by the intersection of Orleans-Harwich Road (MA Rte. 39) and Brewster-Chatham Road and features East Harwich Market, Portside Liquors, Sherwin Williams, and the 35-year 400 East Restaurant.The plaza spans 42,987 square feet on 4.6 acres, according to the listing. The property was 86.25% leased, as of Jan. 3. Newman Properties of Brookline bought the site for $11.5 million in December from Burlington-based Linear Retail, which owns and operates retail properties throughout Massachusetts, including the Yarmouth Shopping Center on Station Avenue featuring Stop & Shop and Pilgrim Hill Marketplace in Plymouth.
"We are excited, and plan on running it exactly the same, after making some initial capital improvements and lease up," said Newman Properties Principal and CEO Matthew Newman in an email. "We are happy to have the existing tenants in the plaza and looking forward to to adding some synergistic tenants into the mix."
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