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Boston & New England  + Metro Boston  + Retail  | 
Stop & Shop in Andover, MA

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.

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About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as he makes the transition from an utterly failed racehorse to a lovely show hunter.

  • ◦Sale/Acquisition