Atlantic Capital Partners Sells Grocery-Anchored Shopping Center In Wilmington For $7.75M

The retail asset at 211 Lowell Street in Wilmington, MA, was sold for $7,750,000. This property encompasses a total of 53,679 square feet and is currently 91% leased. The sale includes an adjacent home and 13.59 acres of land that is zoned for residential development.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $7,750,000
• Square Footage: 53,679 SF
• Price Per Square Foot: $144
• Address: 211 Lowell Street
• Market: Wilmington, MA
• Leased Percentage: 91%
• Additional Property: Adjacent home and residential-zoned land (13.59 acres)

The transaction involved brokers Justin Smith, Chris Peterson, Danielle Turpin, and John Dixon of Atlantic Capital Partners, who facilitated the sale and represented the sellers in this successful deal that attracted significant interest from both local and regional investors.