NEREJ

The Dartmouth Co. brokers $51 million sale of 341 Newbury Street - exclusively represents the seller, Danker & Donohue Garage Corp.

February 15, 2019 - Front Section
341 Newbury Street - Boston, MA

Boston, MA The Dartmouth Co. has completed the sale of 341 Newbury St., located in the city’s Back Bay neighborhood. 

The Dartmouth Co. exclusively represented the seller, Danker & Donohue Garage Corp. and procured the buyer, who prefers to remain anonymous. The sale closed for a price of $51 million. David Smookler and John Roche of The Dartmouth Co. were the brokers on the deal.

David Smookler, The Dartmouth Co.

 

John Roche, The Dartmouth Co.

 

The 49,000 s/f six-story building includes a full basement and is currently leased to Uniqlo and SLT and includes a 98-space parking garage.

Uniqlo opened its doors on Newbury St. in the fall of 2016 with SLT joining late 2017.

Founded in 1991, The Dartmouth Co. currently represents 2.7 million s/f of mixed-use and retail space and over 100 tenants throughout the Northeast and nationwide.