NEW ENGLAND RETAIL PROPERTIES, INC. SELLS TRACTOR SUPPLY IN MILLIS, MASSACHUSETTS
New England Retail Properties, Inc. announces the sale of the Tractor Supply development located at 1313 Main Street in Millis, Massachusetts for a price of $5.8million. The property was sold through AEI, Chicago, IL. The tenant is investment grade and drew significant interest from several groups. Matthew J. Darling, VP of Development at NERP and Ian Harrison of AEI Capital Corporation handled the negotiations between the Seller and Purchaser.
The team at New England Retail Properties secured the entitlements, acquired and developed the Tractor Supply store in 2016, which opened in February 2017.
Tractor Supply has over 1,600 stores in 49 states. They are focused on fulfilling the lifestyle needs of recreational farms, ranchers, tradesmen and small businesses as well as those fulfilling the lifestyle needs of recreational farmers, ranchers, tradesmen and small businesses as well as those who enjoy the rural lifestyle.
New England Retail Properties,Inc. was the sole real estate broker involved in this transaction. NewEngland Retail Properties, Inc., located in Wethersfield, Connecticut is a commercial retail development and brokerage firm founded in 1987. They have exclusively represented and developed over 4 million square feet of retail space, working alongside a number of national retail tenants in all major markets of New England and parts of NewYork.
The firm specializes in Retail Shopping Center leasing, investment sales, tenant representation, and development. As a member of SiteSource, a national brokers network, NERP has affiliated companies throughout the country with coast to coast coverage to provide the highest level of client service in a consistent and professional manner.
For more information on this and other properties represented by New England Retail Properties, Inc., visit our website at www.newenglandretail.com or call (860) 529-9000.