Waterstone Properties Expands Portfolio with $30 Million Acquisition Waterstone Properties Group has acquired an 86,000-square-foot retail space in Braintree, Massachusetts, for $30 million. The property, part of the Marketplace at Braintree, includes tenants like Nordstrom Rack and Ulta Beauty. This acquisition aligns with Waterstone's strategy of targeting suburban and secondary city locations for retail investments.1