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Interesting portfolio

Thomas Flatley, an Irish immigrant who turned a single home into a real estate empire worth $1.3 billion, is near a deal to sell his entire portfolio of shopping centers in Massachusetts and New Hampshire.

The eleven properties for sale are worth $500 million, and include Dedham Mall in addition to shopping centers in Braintree, Canton, Falmouth, Barnstable, Medfield, and an unfinished site in Southborough in Massachusetts, as well as shopping centers in Belmont, Nashua, Portsmouth and Rochester, N.H.

The Boston Globe has a good profile of Flatley.

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Elaine Misonzhnik

Senior associate editor Elaine Misonzhnik has been writing for National Real Estate Investor since June 2006 and has covered commercial real estate for more than 12 years. She first became...
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