Dividend Capital acquires South Cape Village for $35 million

Boston -- Cushman & Wakefield announced the sale of South Cape Village in Mashpee, Massachusetts, to Dividend Capital. The Cushman & Wakefield team oversaw the $35.45 million transaction of the Roche Brothers-anchored lifestyle center on behalf of Mashpee Investors, LLC.



“In addition to Roche Brothers, the center features a diverse tenant roster of strong national and regional retailers including Marshalls, Walgreens, Olympia Sports and Santander Bank, making the recently constructed asset very appealing to Dividend,” said Cushman & Wakefield executive VP Geoffrey Millerd.



At 143,477 sq. ft., South Cape Village is positioned between Falmouth and Barstable/Hyannis along Falmouth Road (Route 28), one of the region’s primary thoroughfares with traffic counts exceeding 28,900 vehicles daily.