Framingham Developer Purchases Former Fort Devens Property For $15.25 Million

DEVENS – Framingham-based Atlantic Management has acquired property at Devens Commerce Center for $15.25 million, according to the Middlesex County Registry of Deeds.

Hackman Capital Partners LLC, Calare Properties Inc, and KBS Real Estate Investment Trust sold the 235,000 square foot property on Independence Drive to Atlantic Management.

This is the second major acquisition for Atlantic Management in the last two weeks. The Framingham-based company purchased a 50-acre property in Revere recently, where a century-old candy manufacturer is located, for $54.6 million.

The latest acquisition is a multi-tenant property that is 100 percent occupied. The property was built in 1997, and expanded in 2003.

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Photo courtesy of Hackman Capital Partners

Framingham Source Editor Susan Petroni

Susan Petroni Framingham Source Editor Email: editor@FraminghamSource.com Phone: 508-315-7176

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