Atlantic Capital Partners has been exclusively engaged to market for sale The Trapelo Portfolio – five retail and office assets located in Massachusetts. The offering consists of one retail strip center, one office building, and three standalone United States Postal Service (USPS) buildings. Positioned across Eastern Massachusetts, the Trapelo Portfolio offers investors a unique opportunity to acquire a mixed-use collection of assets with local and government-credit tenants alike.
Duxbury Plaza, located at 46 Depot Road in Duxbury, MA, is a 44,014 square foot grocery-anchored shopping center occupied by Brothers Market (Roche Brothers), USPS, Walgreens, and several other tenants. This local shopping destination has become a staple in a market with incredibly favorable demographics and a consistent consumer base.
22 Depot Street is a 5,825 square foot office collection located on the immediate parcel to Duxbury Plaza. The asset is currently occupied by four local Tenants across two buildings with designated parking. Campbell Smith Architects, Archwright, Prestige Real Estate, and Bernie & Gerstel serve the local market with necessary businesses and create a synergistic tenant mix with Duxbury Plaza next door.
Located in Billerica, Burlington, and Shrewsbury, three USPS locations make up the remaining balance of the Trapelo Portfolio. These government-backed properties provide future investors surety of credit and a unique opportunity to hold or redevelop neighborhood real estate across three markets.
The Trapelo Portfolio is being offered for sale without a formal asking price, free and clear of existing debt. A formal Call for Offers date will be established during the marketing process.