News: Retail

O’Brien and DeWolfe of Greater Boston Commercial Properties broker $3.6 million

Marlborough, MA Bret O’Brien and Tyler DeWolfe of Greater Boston Commercial Properties brokered the sale of 423 and 435 Lakeside Ave. The 9,348 s/f property sold for $3.6 million. 

Bret O’Brien, Greater Boston
Commercial Properties

 

Tyler DeWolfe, Greater Boston
Commercial Properties

 

The property is located off of I-495 and consists of two free standing buildings. The larger building is 6,724 s/f and the smaller building is 2,624 s/f. The $387 per s/f is a high water mark for commercial real estate sales on a per s/f basis in the Rte. 495 market.

The remaining space is available for lease. Lakeside Ave. hosts several national branded hotels and supports a significant amount of retail trade within the surrounding area. The smaller building has a long-term lease to The Vitamin Shoppe.

Tags: Retail
MORE FROM Retail

Mace of KeyPoint Partners negotiates 36,192 s/f lease for The Picklr at Endicott Square

Danvers, MA KeyPoint Partners (KPP) negotiated a lease with the nation’s premier indoor pickleball venue The Picklr at Endicott Sq. Vice president of retail brokerage Don Mace negotiated the transaction on behalf of the landlord.

READ ON THE GO
DIGITAL EDITIONS
Subscribe