Neighborhood Shopping Center Trades After 50-Year Hold

Atlantic Capital Partners arranged the sale of 211 Lowell St., a grocery-anchored shopping center in Wilmington, MA. Buyer and sale price were not disclosed. The asset also includes 243 Lowell St., an adjacent single-family home, and 13.59 acres of developable land comprising 13 residentially zoned parcels.

The transaction was led by Justin Smith, head of capital markets; Chris Peterson, EVP; Danielle Turpin, senior associate; and John Dixon, analyst. Atlantic Capital Partners exclusively represented the undisclosed seller…

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