News: Financial Digest
Posted: March 13, 2008
McCarthy of Daniel J. Flynn & Co. finalizes $1.28 million sale to QCU
Broker Ryan McCarthy of Daniel Flynn & Company has sold a 1.1 acre retail site at 519-521 Columbian St.. It sold on January 18th for $1.28 million. Currently, the property features 10,000 s/f retail building. The new owners plan to redevelop the building to become Quincy Credit Union's first branch site outside of Quincy, Mass. The renovation project will significantly reconfigure the current space and will feature a drive-through.
Quincy Credit Union CEO Stewart Steele said, "QCU board of directors feel that this new branch will provide added convenience to current members who live or work in the vicinity. Additionally, it is their goal to inform the neighboring communities about the many benefits of belonging to our credit union."
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