News: Retail

NAI Hunneman’s capital markets group brokers $5.8 million sale

1580 VFW Parkway - West Roxbury, MA 1580 VFW Parkway - West Roxbury, MA

West Roxbury, MA NAI Hunneman, a leading provider of commercial real estate services, recently brokered the $5.8 million sale of a 107,245 s/f retail strip center located at 1580 VFW Parkway (Rte. 1).

Executive vice presidents David Ross and Cathy Minnerly along with assistant vice president Ovar Osvold and sales associate Gina Barroso represented the seller Development Trust and procured the buyer CQX LLC.

“1580 VFW Parkway is an outstanding location along one of the more heavily traveled retail thoroughfares in Eastern Mass,” said Ross. “There was a lot of interest from investors, developers as well as owner-occupants, based on the first-rate location along with the lucrative upside potential.”

“1580 VFW Parkway was perfect fit for CQX LLC. We are aggressively on the market, and this was our first acquisition of many slated for the coming months.” Says Matt Galvin of CQX LLC

Situated on 7.1 acres on the Dedham-West Roxbury line, 1580 VFW Parkway is minutes away from Interstate 93 providing convenient access to Downtown Boston as well as some of the most popular suburban communities in the region.

Tags: Retail
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