News: Front Section
Posted: February 20, 2008
Cushman & Wakefield's Capital Markets Grp. completes $4.85m sale
On behalf of Eastport Harbor LLC, Cushman & Wakefield of Mass. brokers the $4.85 million sale of 50 Redfield St., a three-story 43,380 s/f office building located in the Neponset section of Boston. C&W's Capital Markets Group of Robert Griffin, Jr., Richard Putprush, David Pergola, Christopher Griffin and Brian Doherty exclusively represented the seller and procured the buyer, Mayo Group.
50 Redfield St. is located next to the Southeast Expressway.
"Given the building's strong location, a Boston address without all the traffic, visibility, tenant history and upside potential, it is no surprise that the deal moved quickly," said Putprush, senior director at C&W.
Plans are underway to further upgrade the common areas of the facility and undertake other improvements. "We're looking forward to enhancing this already established landmark on the South East Expressway", said John McGrail, president of Mayo Group.
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