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Boston & New England  + Metro Boston  + Retail  | 

Academy Hill Realty Acquires Retail Property in Swampscott for $19M

Academy Hill Realty has acquired a 35,907-square-foot retail property leased to Whole Foods Market in Swampscott, MASS. The sales price was reported as $19.2 million.

Whole Foods has occupied the building, which sits on more than five acres, for 15 years. The property is approximately 30 miles northeast of Boston.

Chris Angelone, Nat Heald and Eric Suffoletto of JLL represented the seller, Regency Centers, in the transaction.

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.