Updated Sep 21, 2026
RJ Kelly Company Sells 56,004 Square Foot Retail Center In Milford For $10M
196 East Main Street
$10,000,000
$178/SF
Building Size
56,004 SF
Asset Type
Retail
Closing
Sep 18, 2026
About this deal
AI
The retail asset involved in this transaction is located at 196 East Main Street, Milford, MA, encompassing 8.6 acres with a square footage of 56,004. The sale price for this asset was $10,000,000, translating to a price per square foot of $179.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $10,000,000
- Address: 196 East Main Street
- Market: Milford, MA
- Square Footage: 56,004
- Price per Square Foot: $179
- Seller: RJ Kelly Company
- Brokers: Chris Peterson, Danielle Turpin & Matt Ericson - Atlantic Retail
Atlantic Capital Partners facilitated the arrangement of the $10M sale, representing Quarry Square in this transaction to an undisclosed buyer. The involvement of multiple brokers from Atlantic Retail highlights the collaborative efforts in executing this deal.
Players
Rochester Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.59%
Cash-on-Cash
-0.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93