Somerville, MA Atlantic Retail has sold 65-75 Mystic Ave. The 11.5-acre property inclusive of Home Depot is located in the Assembly Square neighborhood.
The transaction was facilitated by David Smookler and Peter Considine who represented the seller, I-93 Somerville, LLC and Tony Ciccolo who represented the buyer, Cabot, Cabot & Forbes (CC&F) and Cannon Hill Capital Partners.
“The determination and vision of the Purchasers team in this transaction was truly impressive. 65-75 Mystic Ave. is a dynamic site squarely in the path of progress,” said Smookler, a partner at Atlantic Retail.
Jay Doherty, CEO of CC&F, said, “We are pleased to have outstanding cooperation from our capital partners and lenders to take ownership of this exceptional property in the face of today’s challenging financial markets.”
Danvers, MA KeyPoint Partners (KPP) negotiated a lease with the nation’s premier indoor pickleball venue The Picklr at Endicott Sq. Vice president of retail brokerage Don Mace negotiated the transaction on behalf of the landlord.