American Realty Advisors Nets Core Investment With $206 Million Purchase of The Shops at University Station

American Realty Advisors, a Glendale, CA-based commercial real estate investment and management services provider with more than $7.5 billion in assets under management, made a significant commitment in suburban Boston following news the firm has paid $206 million, or approximately $515 per square foot, for the Shops at University Station in Westwood, MA.

Home to such national tenants as Wegmans, Nordstrom Rack, Marshalls and PetSmart, the 400…