News: Retail
Posted: October 29, 2021
The Koury Group of Marcus & Millichap arrange $13.2 million sale of CVS store
Springfield, MA Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, has completed the sale of a 19,000 s/f CVS located at 615 Belmont Ave., according to Thomas Shihadeh, regional manager of the firm’s Boston office. The asset sold for $13.2 million.
Senior managing director James Koury and associate Alex Quinn, retail investment specialists in Marcus & Millichap’s Boston office, exclusively represented the seller and procured the buyer.
The Koury Group has been enjoying a banner year with five retail deals closed since March 1, totaling over $115 millon with another nine centers either under agreement or in the market for sale.
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.
.jpg)
