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Boston & New England  + Boston  + Retail  |  September 25, 2023
Emily Fu
By: Emily Fu

Lambert’s Market Properties in Dorchester, Westwood Sold for $23M 

The Lambert family, owners of Lambert’s Rainbow Market stores in Dorchester and Westwood, has sold the properties to entities associated with a Cadillac dealership in Norwood for a total of $22.8 million, first reported by Boston Business Journal.  

The sales come following a legal dispute among Lambert family members related to a trust that owned the real estate for these stores. Dorchester Realty Ventures LLC purchased the Dorchester location and surrounding plaza for $10 million, while Westwood Realty Ventures LLC acquired the Westwood store and plaza for $12.8 million.  

Both entities list the address of Cadillac of Norwood, suggesting a connection with the dealership. The stores will continue to operate under a 10-year lease. 

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About Emily Fu

Emily Fu is Content Director of Connect Commercial Real Estate, where she covers the east coast markets, including New York, Boston & New England, and DC & Mid-Atlantic markets. She produces daily news stories as well as longer-form content, ranging from Q&As to thought-leadership pieces. She also writes feature stories for Connect Money. With previous stints at Reuters, Seeking Alpha, and Commercial Observer, Emily has covered the finance side of the commercial real estate industry, technology, media, telecom (TMT), and fashion. She attended the Columbia Graduate School of Journalism and currently resides in Manhattan.
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