The Shops at Suffolk Downs

JLL Capital Markets presents the exclusive opportunity to acquire The Shops at Suffolk Downs (the “Property”), an infill grocery-anchored shopping center just 5 miles from Downtown Boston. Situated directly adjacent to the transformational 16.2M SF Suffolk Downs redevelopment, investors will benefit from rare trade-area population growth and increasingly below market rents at an attractive basis - well below replacement cost. The Shops at Suffolk Downs is a ±121,187 SF, Stop & Shop anchored and Target shadow-anchored neighborhood center with a complementary inline tenant mix of Dollar Tree, Famous Footwear, Verizon and Wendy’s. The Property is 96.9% leased with nearly 4,000 SF of vacancy, 4 tenants totaling nearly 9,000 SF expiring in the next 3 years, and a 6,500 SF Famous Footwear endcap at a substantially below market rent expiring in 2030 with no remaining options. The Property in total has just under 5 years of WALT - allowing a new investor to come in and create value as the neighborhood surrounding the Property continues to grow.

The Shops at Suffolk Downs offers investors a generational opportunity to procure an irreplaceable piece of real estate with a stable cash flow and unique long term upside.