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.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Quick Hits
STAY INFORMED FOR $9.99/Mo.
NEREJ PRINT EDITION
Stay Informed
STAY CONNECTED
SIGN-UP FOR NEREJ EMAILS
Newsletter
Columns and Thought Leadership
Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Providence, RI Shawmut Design and Construction celebrated the ceremonial groundbreaking for the 195 District Park Pavilion, marking the start of construction on a facility that will feature year-round dining and support space for park operations. In addition to the 3,500 s/f building, the project will include infrastructure upgrades
The New England Real Estate Journal presents<br> the First Annual Project of the Year Award! Vote today!

The New England Real Estate Journal presents
the First Annual Project of the Year Award! Vote today!

The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
Investing in a falling rate environment - by Harrison Klein

Investing in a falling rate environment - by Harrison Klein

Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.
The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The industrial markets have never been stronger. What has happened is that the build out of Devens with new high-tech biotech manufacturing with housing to service these buildings serves as the connector required to really make the I-495 West market sizzle. Worcester has been the beneficiary