Malls · Massachusetts
Natick Mall
Opened 1966. Redeveloped in 1994.
Solid = from the authors' map · outlined = public source · dashed = model-written, not yet reviewed by a person. Tap any value's source label to see where it came from. documented = a quoted excerpt (click to read it) · reported = a source named, no excerpt yet · no source.
Site profile13 elements · what this retrofit is built with · tap a chip for the evidence
On Facebook
This site: …https://www.facebook.com/159864355669 overture · all sites with thisWebsite alive
This site: …https://www.natickmall.com/en?cmpid=lc_yext_yext_other_o_none&utm_medium=local&u overture / http check · all sites with this3+ other atlas sites within 10 km
This site: 6 within 10 km computed · all sites with thisBike network nearby
This site: 39 ways openstreetmap · all sites with thisCounty lost 10%+ of retail establishments since 2012
This site: -10% census-cbp · all sites with thisCounty permitting 2,000+ apartment units a year
This site: 2,440 units, Middlesex County census-bps · all sites with thisCounty typical rent $2,000+
This site: $3,069/mo zillow · all sites with thisGrocery within 800 m
This site: 2 stores openstreetmap · all sites with thisHigh-income tract ($100k+)
This site: $112,211 census-acs · all sites with thisWalkable block group (EPA ≥ 12)
This site: …index 14 epa-walkability · all sites with thisBuilding footprint 50,000+ m²
This site: 54,575 m² overture · all sites with thisRedeveloped
This site: The Natick Mall is a shopping mall in Natick, Massachusetts. extraction · all sites with thisRetail (continued)
This site: The Natick Mall is a shopping mall in Natick, Massachusetts. extraction · all sites with thisNow
| Status | Operatingextracted, unreviewed |
|---|---|
| Strategy | Redevelopedextracted, unreviewed documentedit was partially demolished and replaced by a larger building in 1994 and expanded in 2007 |
| New uses | retailextracted, unreviewed reported |
| What is there now | The Natick Mall is a shopping mall in Natick, Massachusetts.extracted, unreviewed |
| Retrofit year | 1994extracted, unreviewed reported |
Securitised debt and public filers
Filings (2001 to date) that name “Natick Mall” and “Natick” (554 hits, first 100 sampled, 8 other filers such as tenants left out). Common name: these matches are unreliable. Only weak matches to commercial-mortgage trusts: the mall may have backed a securitised loan, or may just be mentioned in the filing; several trusts usually means one loan split into pari-passu notes. Earliest trust filing in the sample 2007-01-05 (a sample date, not the issuance date); candidate loan vintage 2006 from the trust name (weak match). Whether the loan is still in the pool, in special servicing or repaid is in the trust's monthly distribution reports, which are not searchable here. Text matches, not a title search. Open the search · all trusts.
| Kind | Filer | Filings | Dates | Forms |
|---|---|---|---|---|
| CMBS trust (weak) | Morgan Stanley Capital I Trust 2006-IQ12 | 4 | 2007-01-05 to 2007-08-02 | 8-K/A 3, 8-K 1 |
| CMBS trust (weak) | CITIGROUP COMMERCIAL MORTGAGE TRUST 2019-GC43 | 2 | 2022-03-30 to 2024-03-29 | 10-K 2 |
| CMBS trust (weak) | BBCMS Mortgage Trust 2020-C8 | 2 | 2022-03-15 to 2023-03-16 | 10-K 2 |
| CMBS trust (weak) | JPMDB Commercial Mortgage Securities Trust 2020-COR7 | 2 | 2022-03-14 to 2024-03-14 | 10-K 2 |
| CMBS trust (weak) | Benchmark 2020-B18 Mortgage Trust | 2 | 2022-03-16 to 2024-03-14 | 10-K 2 |
| CMBS trust (weak) | GS Mortgage Securities Trust 2019-GC42 | 2 | 2022-03-14 to 2024-03-19 | 10-K 2 |
| Public owner (strong) | General Growth Properties, Inc. | 22 | 2011-03-01 to 2018-05-03 | 8-K 20, 10-K 2 |
| Public owner (strong) | GENERAL GROWTH PROPERTIES INC | 16 | 2003-05-09 to 2010-03-01 | 8-K 8, 10-K 6, 8-K/A 1, 10-Q 1 |
| Public owner (weak) | Silver Bay Realty Trust Corp. | 1 | 2017-01-09 to 2017-01-09 | 8-K 1 |
As reported by the owner
Property tables from the owner's annual report (Form 10-K, Item 2) on EDGAR, one row per filing year. GLA, occupancy and anchors are the filer's own figures at that year end; “leased” counts signed leases, “occupied” counts open stores; ownership is the filer's share. Matched by name and place, unreviewed; the verbatim table row is in sec_facts.csv.
| Year end | Filer | Name in filing | GLA sq ft | Occupancy | Years | Share | Sales psf | Anchors listed |
|---|---|---|---|---|---|---|---|---|
| 2020 | Brookfield Property REIT (formerly GGP) 10-K, 2021-02-26 | Natick Mall Natick, MA match: exact | 1,581,000 in-line 934,000 | 92.0% leased | 45.0% | Neiman Marcus, Nordstrom, Macy's, Lord & Taylor, Wegman's, Dave & Buster's | ||
| 2016 | GGP Inc. 10-K, 2017-02-22 | Natick Mall Natick, MA match: exact | 1,695,588 in-line 942,496 | 98.1% leased | 50.0% | Lord & Taylor, Macy's, Sears, Neiman Marcus, Nordstrom | ||
| 2012 | General Growth Properties 10-K, 2013-02-28 | Natick Mall Natick, MA match: exact | 1,187,911 in-line 476,691 | 97.2% leased | 50.0% | JCPenney, Lord & Taylor, Macy's, Sears | ||
| 2009 | General Growth Properties 10-K, 2010-03-01 | Natick Collection Natick, MA match: exact | 1,667,723 in-line 686,925 | 50.0% | Crate & Barrel, JCPenney, Lord & Taylor, Macy's, Sears, Neiman Marcus, Nordstrom, American Girl Place | |||
| 2006 | General Growth Properties 10-K, 2007-03-01 | Natick Mall Natick, MA match: exact | 1,129,628 | 50.0% | JCPenney, Lord & Taylor, Macy’s, Sears |
Site context
| FEMA flood zone | X · AREA OF MINIMAL FLOOD HAZARDFEMA NFHL |
|---|---|
| EPA-regulated facilities within 500 m | 56: ABERCROMBIE KIDS; ABI LAB 1; ABI LAB 2; ABI-LAB 3; AERIE 2561EPA FRS |
| Census tract 25017382602 | 4,845 people, 3,019 per sq mi; median household income $112,211; median gross rent $420; 27% renters; 0.4% vacant units; 3.8% commute by transitACS 2023 5-year |
| Walkability (EPA, block group) | index 14 of 20; 76 intersections per sq mi; nearest transit stop 589 m; land-use mix 0.73; 146,570 jobs within 45 min by car, 14,729 by transit; 4% of households without a carEPA Smart Location |
| Within a 10–15 minute walk (800 m) | 4 of 6 daily needs: 2 grocers, 2 schools, 2 parks or playgrounds, 0 health, 0 civic, 15 food and drink; 39 cycleway segments, 156 sidewalk-tagged segmentsOpenStreetMap |
| Opportunity Zone | noHUD |
| Housing permits, Middlesex County (MA), 2024 | 2,440 units in 5+ unit buildings, 166 in 2–4, 889 single-family; 2023: 2,902 in 5+Census BPS |
| Social vulnerability (CDC SVI 2022, tract) | overall percentile 0.50; socioeconomic 0.11; housing and transport 0.75; 9% below 150% of poverty; 15% of households with no vehicleCDC/ATSDR |
| Other atlas sites nearby | 6 within 10 km, 18 within 25 km: Nouvelle at Natick (0.3 km); Shopper's World (0.9 km); Framingham Mall (3.6 km); H. Harwood & Sons (3.6 km); Shoppers World (3.7 km)computed |
| Overture Maps | place Natick Mall (shopping_mall, confidence 0.97, from Overture, Overture-signals, meta); building footprint 54,575 m², 24.3 mOverture (CDLA-Permissive 2.0) |
| Website and social | www.natickmall.com (alive) · social: facebookOverture / Internet Archive |
| Attention: Wikipedia page views | 197,292 since 2015; 13,118 in the last 12 months (-28% vs the prior 12); peak 2025-03 with 3,774Wikimedia |
| Tract change 2013–2023 | population +11% (4,348 → 4,845); median income +25% ($89,554 → $112,211); renters 17% → 27%; median home value +70% ($416,200 → $709,800)Census ACS 5-year |
| Natural hazard risk (FEMA National Risk Index, tract) | relatively low overall (score 34.8); expected annual loss $1.1M; high: ice storm; community resilience very highFEMA NRI |
| Tax-credit housing within 1 km | noneHUD LIHTC |
| Retail trade in the county, 2025 (BLS QCEW) | 68,958 jobs in 4,328 establishments; average annual pay $47,577; employment location quotient 0.77; employment -2.2% on the yearBLS QCEW 2025, NAICS 44-45, private |
| Jobs located in the tract, 2022 | 6,112 jobs; 2,588 in retail trade, 700 in accommodation and food (workplace blocks summed to tract 25017382602)Census LEHD LODES8 WAC 2022 |
| Upward mobility (Opportunity Atlas, 2010 tract) | children of low-income (25th percentile) families reached the 55th income percentile as adults; 0.6% incarcerated at the 2010 count (154 children in the sample); born 1978–83, measured 2014–15Opportunity Insights |
| Food access (USDA FARA 2019, 2010 tract) | not a low-access tract at 1 mile; poverty rate 3.7%; median family income $150,313; 98 SNAP householdsUSDA ERS |
| Schools | Natick School District (PK-12); 3 public schools within 1 mile: Christa McAuliffe Charter School; Brown; J F Kennedy Middle SchoolNCES EDGE |
| Elevation | 170 ft above sea level at the site pointUSGS 3DEP |
| Storm events in the county, 2016-2025 | 469 county-logged events: 301 thunderstorm wind, 97 flood, 32 flash flood, 23 hail; $4,288,150 property damage reported; forecast-zone events (most flood, winter and heat) not countedNOAA Storm Events |
| Homes for sale in ZIP 01760, 2026-09 | median list price $937,750 (-18.2% on the year); 56 active listings; median 31 days on market; 12% with a price cutRealtor.com Research |
| Retail trade in the county, 2012 to 2023 | 4,650 establishments (-10%); 79,115 jobs (-5%)Census CBP |
| Housing market in the county | typical home value $804,837 (+2% 1 yr, +22% 5 yr); typical rent $3,069/mo (+2% 1 yr), 2026-09Zillow Research |
| House price index, tract, 2025 | 1,058 (2000 = 100); +4.7% 1 yr, +56% 5 yr, +94% 10 yrFHFA |
| Traffic on the busiest road within 600 m (2024) | 17,663 vehicles a day (principal arterial, 4 lanes); 960 trucks; 14 counted segmentsFHWA HPMS |
Summary, model-written
Natick Mall opened in 1966 as the first enclosed shopping mall in Greater Boston. It was partially demolished and replaced by a larger building in 1994, then expanded in 2007. Ownership shifted from GGP (1995‑2018) to BGRE as a subsidiary in 2018, and the mall remains operating as a retail center.
Why. not stated in the record
Where it stands. The mall is currently operating and is controlled by BGRE (via its subsidiary relationship since 2018).
For a planner
- Precedent: 1994 partial demolition/rebuild and 2007 expansion as prior redevelopment actions
- Policy tools: redevelopment strategy noted; specific zoning or incentives not detailed in record
- Open questions: long‑term viability of retail given median rent $2,126 and integration with the Golden Triangle district
- Open questions: potential for further retrofitting or mixed‑use conversion amid existing retail focus
For a developer
- Site size: not specified in record
- Control: owned by BGRE (since 2018 subsidiary)
- Entitlement stage: operating retail with a redevelopment strategy; no pending entitlements mentioned
- Constraints: none identified in record (flood, transit, environment details absent)
- Market signals: median rent $2,126; opportunity score 0.0 with reasons 'retrofit already built' and 'high rent'
What we do not know yet
- Exact site size and parcel configuration unknown
- Anchor tenant composition and lease terms not provided
- Environmental or flood‑risk constraints not described in record
- Transit access and infrastructure details missing
- Ownership verification status is 'draft', indicating data may be unreviewed
Generated by nvidia/nemotron-3-super-120b-a12b on NVIDIA API via Hermes CT from the fields, parcels, deals and context layers on this page, with no outside knowledge. It is regenerated when the record changes and has not been checked by a person. How it is made.
Similar sites
- Worcester Galleria, Worcester, MA · Malls · opened 1971; same strategy: redevelop; also in MA
- Shopper's World, Framingham, MA · Malls · same strategy: redevelop; also in MA; 1 km away
- Emerald Square, North Attleborough, MA · Malls · same strategy: redevelop; also in MA; 39 km away
- Lafayette Place Mall, Boston, MA · Malls · same strategy: redevelop; also in MA; 27 km away
Elsewhere on the web
Pages with photos
- Beef Teriyaki from Sarku Japan at the Natick Mall, Natick MA commons.wikimedia.org
- Furniture retailer, eateries plan to open at Natick Mall in 2025 metrowestdailynews.com
- Natick Mall - Natick (Boston), Massachusetts - | Nathan Bus… flickr.com
- Blog Archive » Looking back at the Natick Mall thisisframingham.com
- Natick Mall | Retail | Real Estate | VHB vhb.com
- Natick Mall natickmall.com
- Natick Mall (Natick, Massachusetts) - a photo … flickriver.com
Search images: Google · Bing · Commons · references: ULI case studies · Google Scholar
Multifamily screen
- retrofit already built
- median rent $2,126
Inputs: record fields (size, status) and county Census ACS 2018–2023 figures (growth, rent). How the points work. Not a recommendation.
History and original facts
| Now called / also known as | Natick Collection |
|---|---|
| Opened | 1966extracted, unreviewed |
| County | Middlesex County |
| Census division | 1 · New England |
| Notes | Wikipedia categories: Demolished shopping malls in the United States |
Not yet recorded: acres, GLA, original developer. Know it? Tell us.
Background
The Natick Mall is a shopping mall in Natick, Massachusetts. It has been owned and managed by GGP since 1995, which became a BGRE subsidiary in 2018. The original facility was the first enclosed shopping mall in Greater Boston upon opening in 1966; it was partially demolished and replaced by a larger building in 1994 and expanded in 2007. The mall, with the adjacent Shopper's World power center in Framingham, are components of the Golden Triangle shopping district in the center of MetroWest, situated between Route 9 and Route 30.
Excerpt from Wikipedia (authors and history), CC BY-SA 4.0. May be older than the record above.
Timeline
- 1966 Opened as first enclosed shopping mall in Greater Boston
- 1994 Partially demolished and replaced by a larger building
- 1995 GGP began owning and managing the mall
- 2007 Expanded
- 2018 GGP became a BGRE subsidiary
Sources
- Wikipedia: Natick Mall (original) · supports: after notes, status, strategy, year opened
9 quoted sentences
The original facility was the first enclosed shopping mall in Greater Boston upon opening in 1966
The Natick Mall is a shopping mall in Natick, Massachusetts.
It has been owned and managed by GGP since 1995
it was partially demolished and replaced by a larger building in 1994 and expanded in 2007
More in Massachusetts
Nouvelle at NatickNatick, MA · 2007Partial Redeveloped · Regreened · Partial redevelopment: residential Partial regreening: green roof
Worcester GalleriaWorcester, MA · 2010Redeveloped · Redevelopment: mixed use, new streets