Atlantic Capital Partners Arranges $26 Million Sale of Two Shopping Centers in Massachusetts
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Stow and Yarmouth, Mass. — Atlantic Capital Partners has arranged the $26 million sale of two grocery-anchored shopping centers in Massachusetts. The properties include Stow Shopping Center in the Boston suburb of Stow and Yarmouth Shopping Center in Yarmouth. Justin Smith, Chris Peterson, Sam Koonce, Danielle Donovan and Matt Austin of Atlantic Capital Partners represented the seller and procured the buyer, an undisclosed Canadian entity, in the transaction.
Stow Shopping Center is anchored by Shaw’s Supermarket and spans 124,405 square feet. The property was 90 percent leased at the time of sale to a mix of service-oriented tenants including a dentist, medical spa and hardware store. The second property, Yarmouth Shopping Center, is anchored by Stop & Shop and totals 59,687 square feet.
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