News: Front Section
Posted: January 1, 2016
Boston Realty Advisors brokers $8.25 million sale of 601 Newbury Street
601 Newbury Street - BostonBoston, MA Boston Realty Advisors (BRA) has completed the sale of 601 Newbury St., a free-standing 22,677 s/f building located in the Kenmore Sq./Fenway neighborhood for $8.25 million. The sale was completed on behalf of Boston University. The buyer was Thibeault Properties, LLC, a local real estate company.
The sale was completed by BRA’s capital markets team of Christopher Sower, Jason Weissman, Nicholas Herz, Robert LeClair, and Michael D’Hemecourt.
Christopher Sower, Boston Realty Advisors
Jason Weissman, Boston Realty Advisors
Nick Herz, Boston Realty Advisors
Robert LeClair, Boston Realty Advisors
Michael D’Hemecourt, Boston Realty Advisors
601 Newbury St. was built in 1915 and is a free-standing, three story building comprised of 22,677 s/f with six deeded parking spaces. The property sits in the heart of the ever-developing Fenway neighborhood, at the intersection of Newbury St. and Brookline Ave.
Sower said “Boston’s Fenway neighborhood is in the midst of tremendous development. Boston University was a pleasure to work with, as was the team at Thibeault Properties.”
The building is well located, providing direct access to numerous world-class academic institutions, top flight medical and research facilities in the Longwood Medical Area, and over 12 million s/f of office & retail space. 601 Newbury St. is proximate to the Kenmore Sq. MBTA station, providing access to over 50 stations throughout Newton, Allston, Brighton, Cambridge and downtown Boston.
Boston Realty Advisors (BRA) is a privately-held commercial brokerage firm based in Boston. BRA specializes in the sale and leasing of investment and commercial properties throughout New England.
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