Holyoke Shopping Center

JLL Capital Markets has been retained as exclusive advisor for the sale of Holyoke Shopping Center (the “Property”), a +/- 195,995 SF, 88.7% leased grocery anchored shopping center in Holyoke, Massachusetts. The Property is anchored by a 58,457 SF strong performing and corporate-guaranteed Stop & Shop on a ground lease through November 2030 with options through 2075. Stop & Shop is paying a significantly below market rent and is responsible for roof and structure. Holyoke Shopping Center is conveniently located between I-91 (61,100 VPD) and I-391 (30,300 VPD), providing ease of accessibility to the 142,000+ residents within 5 miles. The area is seeing an influx of new development with 750+ multifamily units in various stages of the development process, serving as a leading indicator of economic and population growth to come. The center’s tenant mix is well-tailored to these demographics. In addition to the draw of dominant regional players such as Stop & Shop and Ocean State Job Lot, high-visibility pad sites with national quick service restaurants (Subway and KFC) and a Stop & Shop branded fuel pad capitalize on the center’s strategic location less than one mile from I-91. Holyoke Shopping Center offers investors a strong, performing grocery anchored center at a low basis with immense upside, located in a growing, densely populated market.