Page 14 THE SAUGUS ADVOCATE – FRIDAY, JANUARY 28, 2022 SOUNDS | FROM PAGE 9 tired U.S. Navy captain, passes along this special invitation to all the veterans of Saugus: The 79th Annual American Legion, District 8 Four Chaplains Memorial Service will be hosted this year by Augustus P. Gardner Post 227, Middleton. The Memorial Service will be Sunday, February 6, and will start at 2 p.m. at the Middleton Congregational Church, (66 Maple St. [Rt 62]). The service will be followed by a collation in the lower hall of the church. All Veterans and their families are cordially invited to attend this year’s commemorative service honoring the valiant sacrifice of Four Chaplains of different faiths in the Atlantic on the sinking troop ship Dorchester that February night in World War II. Directions: From 128 North, take the Middleton exit (Rt 114) to Middleton square. Take a right onto Rt. 62 (Maple Street). The Church will be on your left just past the Senior Center. If you come from 128 South, you can also take Rt. 62 toward Danvers/Middleton, and the church will be on your right after you pass Farmer Brown’s and Liberty Street. There is ample parking at the church (lower level parking lot), and the church is handicapped accessible (side entrance and elevator). Saugus Plaza sells for $39.5 million The Boston Real Estate Times reported late last week that Grossman Companies and North Colony have acquired Saugus Plaza for $39.5 million. JLL Capital Markets, which represented the seller, Federal Realty Investment Trust, announced it had closed the “sale of Saugus Plaza, a 165,800-square-foot neighborhood shopping center anchored by Stop & Shop Supermarket and Floor & Décor in the close-in Boston suburb of Saugus, Massachusetts.” Stop & Shop, New England’s largest grocer, has been located in Saugus Plaza for more than 40 years. “The 97-percent-leased center’s diverse tenant mix also includes Floor & Décor, Buffalo Wild Wings, North Shore Liquor and King Crab.” Saugus Plaza is situated about eight miles from downtown Boston and encompasses 16.58 acres at 180 Main St. along Route 1 South, the primary retail and commuter corridor for more than 110,000 vehicles per day. The plaza “is adjacent to the Simon-owned Square One Mall and in a growing area with more than 1,157 multi-housing units being developed.” “The JLL Capital Markets Investment Sales Advisory team representing the seller was led by Managing Director Nat Heald, Senior Managing Director Chris Angelone and Associate Zach Nitsche.” “We are very pleased to have been involved in the sale of Saugus Plaza,” Heald said, according to the Times. “Investor demand for grocery anchored properties in metro Boston far outstrips supply, and we saw competitive bidding from the full spectrum of investor-types, including REITs, funds and private groups.” “JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients – whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.” Live Bingo at the Kowloon The Kowloon Restaurant kicked off its Live Bingo this week and will continue with Bingo every Wednesday through March 30, from 7 to 9 p.m. in SOUNDS | SEE PAGE 16
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