Coldwell Banker Commercial facilitates $2.4m retail center sale

Newton, MA Coldwell Banker Commercial represented the seller, a local family trust, in the sale of a multi-tenant retail center consisting of two adjacent buildings located at 383-387 Boylston St. The transaction was valued at $2.4 million.

Todd Glaskin, a commercial real estate professional with Coldwell Banker Commercial Realty, represented the seller in the transaction.

The one-story buildings, constructed in 1930, total 14,746 s/f, are situated on 0.34 acres of land and have onsite parking for patrons.

“These retail buildings sit in a highly desirable location in Newton and close to the Rte. 9 corridor, which makes it primed for continued retail use or possible redevelopment,” said Glaskin.