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Broker hasn't found Nobscot plaza anchor


A real estate broker working for SuperValu hasn't yet found a new anchor for the Nobscot shopping plaza, the company said today.

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A real estate broker working for SuperValu hasn't yet found a new anchor for the Nobscot shopping plaza, the company said today. A real estate broker working for SuperValu hasn't yet found a new anchor for the Nobscot shopping plaza, the company said today.   "I can tell you that our plans for the Nobscot Shopping Center remain unchanged," SuperValu's external communications manager Steve Sylven said in an email today

"We have continued to maintain the property and Boylston Realty Advisors, our broker and property manager, has been actively marketing the space to new tenants

Continued redevelopment of the property hinges on us being able to find a new tenant, and, unfortunately, we have not yet been able to reach a financially tenable agreement with a new tenant. We are continuing to aggressively seek new tenants and when we have additional information on that, we will be sure to share it."   SuperValu, the parent company of Shaw's, holds a long-term lease on the Nobscot Shopping Center

The company hired Boylston last year to revitalize the roughly half-empty strip mall.   About 100 neighbors packed a meeting with real estate broker Jeff Bruk in February to hear his plans to market the vacant storefronts.   At the time, Bruk said his team was trying to attract and negotiate with a “junior anchor” and other prospective tenants to fill the main storefront and smaller empty spaces, but, pressed by residents, he admitted that SuperValu doesn’t want to sublet to a grocer that would directly compete with the Shaw’s Market it operates three miles away on Rte

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