![](https://nerej.com/img/stories/new/2023/03-31-2023/Retail/Stop and Shop - Swampscott.jpg)
Swampscott, MA Atlantic Capital Partners has sold four Stop & Shop assets for $70 million totaling 272,542 s/f. The portfolio consisted of assets in the communities of Malden, Swampscott, Framingham, and Bristol, RI. Justin Smith, head of Capital Markets; Chris Peterson, vice president of Capital Markets; and Sam Koonce, associate, oversaw the transaction which had Atlantic Capital Partners exclusively representing both buyer and seller.
![](https://nerej.com/img/stories/new/2023/03-31-2023/Retail/Stop and Shop - Bristol.jpg)
The portfolio is 100% leased by Stop & Shop, a division of Ahold Delhaize USA Inc., which is the third-largest supermarket operator in the country. Stop & Shop is New England’s dominant grocer by market share.
![](https://nerej.com/img/stories/new/2023/03-31-2023/Retail/Stop and shop - Framingham.jpg)
With each asset featuring highly productive grocery stores and unmatched trade-area demographics, the portfolio offers exceptional stability and surety of cash flow. Smith said, “These generational assets afford future ownership with extremely durable cash flow from an investment-grade tenant. In addition to the credit profile, the underlying real estate for each of these assets is what made the portfolio so attractive to investors.”
![](https://nerej.com/img/stories/new/2023/03-31-2023/Retail/Stop and shop - Malden.jpg)
These properties are surrounded by dense populations in markets with the average household income within a three-mile radius exceeding $125,000. Peterson said, “This portfolio provides geographic diversity for the buyer and afforded the seller the opportunity to realize accretive gains on four legacy assets.”