Atlantic Capital Partners Sells Trapelo Portfolio For $15.4M In Massachusetts Retail Assets

The Trapelo Portfolio, consisting of nearly 70,000 square feet of mixed-use assets, was sold for $15,400,000. The properties are located in Duxbury, Billerica, Burlington, and Shrewsbury, MA. The portfolio includes a grocery-anchored retail center, an office building, and three USPS properties, with Duxbury Plaza identified as the largest due to its stable tenants, including Brothers Market and USPS.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $15,400,000
• Square Footage: 70,000
• Price Per Square Foot: $220
• Brokers: Mary Powers, Matt Ericson, Sam Koonce & Chris Peterson - Atlantic Retail

Atlantic Capital Partners executed the sale of The Trapelo Portfolio through two transactions. The involvement of Atlantic Retail, represented by brokers Mary Powers, Matt Ericson, Sam Koonce, and Chris Peterson, facilitated the deal in the Eastern Massachusetts market.