• Atlantic management

Totals

Total Square Footage 826,000
Total Dollar Volume $54,600,000.00

General

Established 1972
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Description

Real estate investing offers an attractive combination of capital appreciation and income potential, as well as special tax advantages. As an investment vehicle, real estate can help individuals and corporations achieve long-term financial goals. But navigating the industry can often be a challenging and daunting undertaking.

Investing successfully requires an in-depth understanding of the market’s complexities, an ability to identify and track trends, the capacity to utilize leverage effectively, and a thorough knowledge of local and regional markets. In short, it requires experience and skill – the very same that Atlantic Management Corporation has been offering its Partners for more than 40 years.

The company was formed in 1972 to provide investors with long-term capital growth through conservatively structured real estate investments. Since its inception, Atlantic Management has remained committed to achieving this goal for its Partners. Such a commitment has required the company to evolve and adapt in order to capitalize on the ever changing real estate market conditions.

This willingness to remain flexible but focused has resulted in the successful identification, acquisition and redevelopment of underperforming, mismanaged or value-added properties throughout New England – resulting in Atlantic Management currently owning and managing a portfolio of over 5 million square feet of property throughout New England.

While there are many firms in the industry today, Atlantic Management has a proven track record of excellent performance, demonstrating:

  • The expertise necessary to acquire and manage quality investment real estate
  • A strong relationship with both the Brokerage Community and Financial Lending Institutions
  • An awareness of the market’s direction for formulating future real estate investment strategies and opportunities
  • An entrepreneurial spirit, forever exploring new ways to construct economically sound real estate investments.

Updates

Atlantic Management
- Jan 02, 2019

Former NECCO Property Refinanced for $115 Million

The property at 101-135 American Legion Highway in Revere has been refinanced via LoanCore Capital for $115 million.

The former home of the NECCO headquarters features a two-story building consisting of multi-tenant distribution, production, storage, and office space consists of 826,000 square feet and sits on 49.96 acres. 


101-135 American Legion Highway
- Apr 30, 2017

Atlantic and VMD acquire 51.2-acre NECCO headquarters for $54.6 million


Developers Atlantic Management and VMD Companies have acquired the 51.2-acre Revere headquarters of the New England Confectionery Company (NECCO), on which stands an 829,000 square foot office and industrial building, for $54.6 million. The sale amounts to $1,066,406.25 per acre of land, and $65.86 per building square foot. The developers plan to meet with the City of Revere in the coming months to discuss future development plans. NECCO has leased its’ headquarters from Atlantic and VMD through August 31st, 2018. Loancore Capital Credit REIT LLC provided $69.6 million of mortgage financing for Atlantic and VMD’s acquisition.


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