Full Service Commercial & Residential Property Management and Advisory Firm • Serving New England Since 2011
Atlas Commercial Real Estate LLC - Properties

35 United Drive, West Bridgewater, MA
Multi Tenant High Bay - Warehouse/Distribution/Office
35 United Drive is a high bay industrial property consisting of approximately 619,700 square feet made up of 487,900 sf of 45’ to 65’ clear height warehouse/manufacturing space and 130,800 of adjacent office space. The property includes approximately 25 acres of additional excess land, ideal for an additional build to suit warehouse/distribution center of up to 350,000 sf. The existing warehouse space is fully leased with 2 long term tenants. The property is located adjacent to Route 24, connecting the interstate system (Routes 93 and 495).
201 Newbury Street, Boston, MA
High End Luxury Multi Tenant – Retail
Atlas acts as advisor, asset manager and property manager for the international ownership sponsor for this ultra-high end multi-tenant retail location. The property is approximately 24,500 square feet and is occupied by tenants such as Anthroplogie, Timberland, Ted Baker, Doc Martens and Jacadi. Atlas has carried this property through a complete renovation and repositioning, managing more than $5,000,000 in capital improvements and Tenant fit out projects.
15 Bolton Street, Reading, MA
RITE AID PHARMACY - Retail
Atlas Commercial Real Estate LLC acquired this stand alone, 13,611 sq. ft., 1.51 acres, Rite Aid Pharmacy building, located at 15 Bolton Street, Reading Massachusetts. Rite Aid (NYSE: RAD) is currently under an absolute NNN lease, with an existing base term through June 1, plus eight (8) five (5) year renewal options.

The Bolton Street Rite Aid is the only pharmacy in Reading with a drive through. In fact, the Bolton Street location has two side by side drive through bays. With prescription drugs amounting to approximately sixty five percent (68%) of pharmacy sales, this drive through capability is an extreme market advantage. Bolton street is the main access road from Main Street to the Market Basket and Stop and Shop retail center in Reading, and these supermarkets act as “shadow anchors” to this Rite Aid. In addition, across the street from the Market Basket is the Walker’s Brook retail development including Home Depot, Jordan’s Furniture, Staples, Starbucks, the Paper Store, and Six Casual Dining Restaurants.

Based upon the location and the existing drive thru bays, this pharmacy is an attractive unit within the Rite Aid portfolio.
41-55 North Road, Bedford, MA
Multi Tenant - Medical Office
The Bedford Professional Center located at 41-55 North Road; a 38,402 +/- SF multi-tenant office building located just 15 miles northwest of Boston, and 3 miles from Route 128. Atlas acquired the property in 2013, which was 70% leased at an average rental rates, 71 % below market asking lease rates. The acquisition was at well below replacement cost in a high barrier to entry town. The property’s location just north of historic Bedford center and its retail including a Whole Foods and several banks and retail food choices, is minutes from the MA Route corridor and north of I-95/128.The building has consistently housed various medical and office uses of differing sizes. Many tenants have been in the building for more than 5 years, producing a consistent base of cash flow to support annual operating expenses, debt and capital improvement planning. Rarely are such prime value-add investments available near the 128 corridor in the sub $10M investment market. The property is also zoned for retail uses which provides additional upside long term development options.