Reilly of Levey Miller Maretz brokers $2.74 million sale for Torello
Shawn Reilly of Levey Miller Maretz in Woodbridge represented both buyer and seller in the sale of the property located at 1651 Boston Post Rd. for $2.75 million, consisting of 2.5 acres and a 12,000 s/f building, the former home of Dakota's restaurant for many years.
The property was sold by Torello Enterprises who operated the Seafarer Restaurant prior to Dakota's to Post Road Market Place LLC. Post Road Market Place LLC plans to develop the property for retail use in the future.
They will either refurbish and lease out the existing building or demolish and have pad sites available.
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.