Lowe’s Property in Framingham Sold for $33 Million

Lowe’s Property in Framingham Sold for $33 Million
Lowe’s Property in Framingham Sold for $33 Million

**Lowe’s in Framingham Sells for $32.6 Million**

Atlantic Capital Partners has completed the sale of a Lowe’s Home Improvement store located in Framingham, Massachusetts, near the entrance to Shoppers World. The property sold for $32.6 million.

The transaction was managed 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. According to the *Boston Business Journal*, the seller was an affiliate of Chicago-based real estate investment firm M & J Wilkow Ltd., while the buyer was the Mount Vernon Co., a firm based locally.

“This location stands out as the only Lowe’s west of downtown Boston,” said Justin Smith of Atlantic Capital Partners. “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 Road, the 9.53-acre property is ground-leased to Lowe’s on a long-term, triple-net basis.

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