News: Front Section
Posted: October 25, 2019
KeyPoint Partners negotiates sale of four building Newton mixed-use portfolio
Newton Highlands, MA KeyPoint Partners, LLC (KPP) has negotiated the sale of a four-building, multi-tenant mixed-use portfolio. KPP vice president of investment sales Jonathan Aron represented the seller and procured the buyer in the transaction. The details of the sale were not disclosed.
The Newton Highlands Portfolio is a four-building retail and office portfolio located at a signalized corner across the street from the Newton Highlands MBTA station. The property totals 25,000 s/f across the four buildings, which include 1-21 Lincoln St.; 1155-1159 Walnut St.; 1151 Walnut St.; and 1149 Walnut St.
“This asset has a stable, diversified tenant mix, and potential for a partial or complete redevelopment,” Aron said. “The portfolio represents a once in a generation opportunity.”
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