Atlantic Capital Partners Sells Two Office Buildings In Wilmington For $10 Million

Two office buildings located at 226 Lowell Street and 230 Lowell Street in Wilmington, MA have been sold for a total of $10 million. The properties encompass a total of 40,899 square feet and have a price per square foot of $245. They are fully leased and have undergone recent improvements, supported by strong tenant tenure.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $10,000,000
• Square Footage: 40,899
• Price Per Square Foot: $245
• Address: 226 Lowell Street & 230 Lowell Street
• Market: Wilmington, MA
• Brokers: Justin Smith, Chris Peterson, Danielle Turpin & John Dixon - Atlantic Retail

The sale was executed by Atlantic Capital Partners, with the capital markets team leading the transaction. The properties attracted interest from local and regional investors, primarily due to their high-profile location and potential for long-term growth.