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JRW Realty Closes on $53M Stop & Shop Outside Boston
JRW Realty has closed on the transaction of a $53.45-million, 102,060-square-foot single-tenant (Stop & Shop) grocery store in Andover, MA.
JRW Realty advisor Leanna Tatikian facilitated the all-cash transaction of the property under the guidance of Melinda Marston, president of single-tenant net lease. NNN Properties represented the seller in the transaction.
JRW Realty is exclusively engaged by large, all-cash buyers that are actively seeking to acquire grocery-anchored multi-tenant shopping centers and individual net-leased properties backed by essential businesses with creditworthy metrics. The clarity of JRW Realty’s clients’ strict acquisition criteria, the firm’s streamlined transaction processes and its clients’ readily accessible balance sheet capital enable JRW Realty’s buyers to close transactions in as short as 30 days after going under contract.
- ◦Sale/Acquisition
