HOLYOKE, MA — Real estate investment firms Newman Properties and Atlantic Capital Holyoke Retail LLC have announced the $6.8 million acquisition of Holyoke Landing, a newly developed retail center located at 12-44 Holyoke Street in Holyoke, Massachusetts.
Completed in 2022 and ideally situated just seconds from the Holyoke Mall, Holyoke Landing comprises two modern commercial buildings anchored by national and regional tenants including Popeyes, Starbucks, Milan Laser Hair Removal, Sleep Number, and a centrally located Tesla charging station. The fully leased property represents a prime retail asset in the Central Massachusetts market.
“This acquisition aligns perfectly with our strategy of acquiring high-quality, fully leased retail assets in strategic locations,” said a representative from Newman Properties. “We see long-term value in Holyoke Landing and plan to hold the property for the foreseeable future as part of our growing commercial portfolio.”
The purchase adds to Newman Properties’ expanding presence across the Greater Boston area and beyond. The firm, alongside its affiliates, currently owns and manages more than 750 residential units and a significant number of commercial properties. Its past transactional volume exceeds $500 million across Boston, the South Shore, and North Shore.
The Holyoke Landing deal reflects Newman’s ongoing focus on value-add and long-term hold strategies, as well as its interest in developments that align with modern retail trends, including accessibility, brand visibility, and sustainability features like electric vehicle infrastructure.
This acquisition comes as Newman Properties continues to advance a robust pipeline of residential and commercial projects, including condo conversions, renovations, and development opportunities.
