News: Front Section
Posted: May 26, 2017
McLaughlin Investments, Inc. broker $8 million sale of Curtin Realty Trust CRE Minuteman portfolio
Lexington, MA McLaughlin Investments, Inc. brokered the $8 million sale of Curtin Realty Trust CRE Minuteman Portfolio consisting of 428, 429, 430, 433 and 442 Marrett Rd. The portfolio is comprised of five mixed use, colonial style NNN leased properties totaling 40,000 s/f, servicing a mixture of 18 national and regional retail-office tenants.
Marrett Rd. a/k/a Rte. 2A is a highly traveled roadway which runs parallel to Rte. 2 and crosses over 128 into Concord. The property is located at the intersection of Spring St. which is a signalized traffic controlled intersection and home to Spire Pharmaceuticals.
The portfolio is anchored by Knowledge Universe, Pet Source, Fitness Together and Edward Jones Financial.
Financing was provided by Andy Mahoney, Cambridge Trust Company.
John McLaughlin of McLaughlin Investments represented the seller, Dean H. Curtin, Curtin Realty Trust and procured the buyer, Marrett Retail via a call for offers.
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