News: Front Section
Posted: August 21, 2014
Marr of Keliher Real Estate, Inc. brokers $8.2 million apartment building sale
Brighton MA Douglas Marr, senior vice president, commercial division of
Keliher Real Estate, Inc. has sold 111 Tremont St. in Oak Sq. for $8.2 million. The property consists of 62 apartments and 53 parking spaces. The building has 38 two-bedroom, 22 one-bedroom and two studios.
The seller was Lombardi Family Trust. The buyer Jim Keliher of Mainsail Management in Boston plans to reposition the building by upgrading exterior, new hallways and renovate the apartments as they come up. Mainsail Management owns and manages property in the Back Bay, South End, Beacon Hill, South Shore and Nantucket.
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