News: Front Section
Posted: August 12, 2016
Tito of NAI Hunneman brokers $2m sale of a 5,406 s/f retail property
Robert Tito, NAI HunnemanAllston, MA NAI Hunneman brokered the $2 million sale of a 5,406 s/f retail property located at 445 Cambridge St. Executive vice president Robert Tito represented the seller 445 Cambridge Street, LLC., while Thomas Blakely of TRB Realty procured the buyer. The property was 100% occupied.
“It was a perfect user purchase, as the existing business smoothly transitioned to the new owner-operator,” said Tito.
“The buyer recognized the long-term fundamentals and tremendous growth being experienced within the trade area and all parties are extremely pleased with the outcome of the transaction,” said Blakely.
Headquartered in Boston, NAI Hunneman is a leading provider of commercial real estate services to corporations, institutions and the private market. NAI Hunneman is a member NAI Global, the premier network of independent commercial real estate firms and one of the largest commercial real estate service providers worldwide. NAI Global manages a network of 6,700 professionals and 375 offices throughout the world. NAI professionals work together with its global management team to help clients strategically optimize their real estate assets.
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