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Jumbo Capital Pays $45.25 Million for Grocery-Anchored Retail Center

Newmark Arranges Sale of Lincoln Plaza in Hingham, Massachusetts, for AEW Capital Management
The grocery-anchored Lincoln Plaza in Hingham, Massachusetts was acquired by an affiliate of Boston-based Jumbo Capital from AEW. (CoStar)
The grocery-anchored Lincoln Plaza in Hingham, Massachusetts was acquired by an affiliate of Boston-based Jumbo Capital from AEW. (CoStar)
By Tim Trainor
CoStar News
May 29, 2023 | 9:17 P.M.

AEW Capital Management sold Lincoln Plaza, a grocery-anchored retail totaling 127,817 square feet in Hingham, Massachusetts, to privately held commercial real estate investment firm, Jumbo Capital, for $42.25 million, or approximately $354.02 per square foot.

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