Updated Sep 30, 2026
Atlantic Capital Partners Brokers $35.3M Sale Of Retail Properties In Springfield Massachusetts
1655 Boston Road
$35,300,000
$221/SF
Building Size
159,344 SF
Asset Type
Retail
Closing
Sep 28, 2026
About this deal
AI
The property involved in this transaction is a retail asset located at 1655 Boston Road in Springfield, MA. The sale price was $35,300,000, and the asset encompasses a total area of 159,344 square feet, equating to a price per square foot of $222.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $35,300,000
- Square Footage: 159,344
- Address: 1655 Boston Road
- Market: Springfield, MA
- Price Per Square Foot: $222
The deal was brokered by Justin Smith, Chris Peterson, Danielle Turpin, Matt Ericson, and Matt Austin, all representing Atlantic Retail. Notably, Atlantic Capital Partners facilitated the transaction involving newly built BJ’s Wholesale Club and Hobby Lobby properties at Springfield Crossing.
On the Map
$35,300,000
$221/SF
Retail
View full map
Players
Springfield Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Visit Chris Peterson to view all their deals.
Browse Springfield retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.45%
Cash-on-Cash
-0.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93