News: Front Section
Posted: February 13, 2014
CBRE/New England handles sale of 20 Seyon Street - Samuels & Associates sells to Hilco Real Estate LLC
CBRE/New England's capital markets and industrial teams completed the sale of 20 Seyon St. This 5 acre site improved with a 94,268 s/f industrial building is located on the Waltham/Watertown border.
20 Seyon St. provides convenient access to Cambridge and the surrounding suburbs. The property falls within the Pleasant St. Corridor Zoning District, which allows for a variety of uses.
Samuels & Associates sold the asset to Hilco Real Estate LLC for an undisclosed amount. CBRE/NE's Chris Angelone, Bill Moylan and Nick Herz, in conjunction with CBRE/NE industrial market experts Bob Gibson and Rachel Marks, represented the seller and procured the buyer in the transaction.
"We are pleased to have facilitated this transaction on behalf of the seller," said Moylan. "20 Seyon St. is uniquely positioned as a highly visible site, close-in to Boston and ripe for new tenancy."
Positioned in the Greater Cambridge/128-West market, 20 Seyon St. provides proximity to Cambridge, relative affordability as compared to downtown Boston or Cambridge, and ample retail amenities to create an attractive live and work environment for tenants. Furthermore, 20 Seyon St. provides tenants with the ability to customize for their particular use and lock in long-term quality space in a great location.
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