CrownPoint Partners, a national real estate brokerage and advisory firm specializing in net lease investments and sale-leaseback advisory services, arranged the sale of a single-tenant property occupied by a 65,868-square-foot Shaw’s grocery store at 20 D’Amante Dr. in Concord, NH. The asset was sold in an all-cash transaction for over $7.5 million to a private investor based in New England.
Managing partners Julius Swolsky and Shannon Bona, in association with ParaSell, Inc., represented the seller, Concord D’Amante LLC, an affiliate of ARCTRUST. The buyer, a private investor based in Massachusetts, was represented by Horvath & Tremblay.
“This opportunity attracted significant investor interest due to its strong fundamentals: a single-tenant supermarket with a long operating history and zero landlord responsibilities,” said Swolsky. “We procured multiple offers and ultimately selected a buyer who knew the market intimately, was not in a 1031 exchange and had the ability to close efficiently.”
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