News: Front Section
Posted: May 20, 2016
Ahrens and Nadler of Horvath & Tremblay facilitate 1031 Exchange
700 Main Street - Hyannis, MAHyannis, MA Brian Ahrens and Matt Nadler of Horvath & Tremblay have procured the buyer to complete the sale of 700 Main St. Ahrens worked exclusively with the local 1031 exchange buyer to fulfill his exchange requirement. The property closed at a sale price of $1.6 million. Located in downtown on Main St. also known as “Cape Cod’s Downtown,” 700 Main is a retail/office building near the West-end rotary. The first floor retail suites include the newly renovated Bistro de Soleil restaurant and Salon 700 & Day Spa. A new 60 month lease was signed by the U.S. Government, who will occupy the second floor office suites.
Brian Ahrens, Horvath & Tremblay
Matt Nadler, Horvath & Tremblay
The property offers ample parking for customers, excellent curb appeal and a highly sought after Main St. address. Main St. forms the heart of downtown, with access to Hyannis Harbor, downtown shops and is located within minutes of some of the Cape’s finest beaches, and numerous historic landmarks. Hyannis is a primary transportation hub for the rest of Cape Cod along with the islands of Martha’s Vineyard and Nantucket.
Horvath & Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in the United States. Recently recognized by Globe Street and Real Estate Forum as one of the “Top 20 Retail Sales Brokers” in the Industry, our advisors specialize in the sale of single tenant net-lease assets and retail shopping centers. We have experience successfully structuring sale lease-back programs, portfolio dispositions, and 1031 exchanges.
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