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Boston & New England  + Metro Boston  + Retail  | 

Lowe’s in Framingham Trades for $33M

Atlantic Capital Partners recently closed the sale of a Lowe’s in Framingham, MA, near the entrance to Shoppers World. The home improvement center traded for $32,600,000.

The transaction was overseen by Atlantic Capital Partners’ capital markets team, including Justin Smith, Chris Peterson, Sam Koonce, Danielle Turpin and Matt Ericson. The team exclusively represented the seller and also secured the buyer. The Boston Business Journal reported the seller was an affiliate of Chicago-based real estate investment firm M & J Wilkow Ltd., while the buyer was locally based Mount Vernon Co.

“This location stands out as the only Lowe’s west of downtown Boston,” said Smith. “Its strategic position allows it to draw from a wide regional trade area, making it one of the most productive stores for Lowe’s in the region.”

Located at 350 Cochituate Rd. in Framingham, the 9.53-acre property is ground-leased to Lowe’s on a long-term, triple-net basis.

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Inside The Story

Atlantic Capital Partners' Smith

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Sale/Acquisition
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