Atlantic Capital Partners Brokers $32.6 Million Sale Of Retail Property In Framingham Massachusetts

The property involved in this transaction is a retail asset located at 350 Cochituate Road in Framingham, MA. It holds a sale price of $32,600,000, covering an area of 125,000 square feet. The property is situated on a 9.53-acre ground lease and is home to a Lowe’s store, which is positioned in New England's largest suburban retail corridor.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $32,600,000
• Square Footage: 125,000
• Address: 350 Cochituate Road
• Market: Framingham, MA
• PPSF: $261

This transaction was brokered by Justin Smith, Chris Peterson, Sam Koonce, Danielle Turpin, and Matt Ericson from Atlantic Retail. The deal highlights the investor demand for large-format retail spaces within strong suburban markets, supported by the long-term NNN lease which offers stable cash flow.