Atlantic Management Corp., a commercial real estate investment firm headquartered in Framingham, MA, sold the Powder Mill Plaza in Acton, MA to Medipower for $16.3 million, or about $217 per square-foot.

Powder Mill Plaza is a 74,876-square-foot neighborhood shopping center home to Rite Aid, Anytime Fitness, DCU, Papa Gino’s, Dunkin’ Donuts and anchor tenant Stop & Shop, among others.

The center was constructed in 1985 along Route 62 at 100…

Article From: "Key Realty Commercial Real Estate News"   Read full article