Horvath and Tremblay of Marcus & Millichap complete $2.772 million sale of CVS

Marcus & Millichap Real Estate Investment Services has brokered the transaction of 10,125 s/f CVS Pharmacy located at 189 Summer St. The sale price of $2.772 represents $273 per s/f and a cap rate of 9.1%. The CVS had 8 years remaining on the base term with 2 ten year options. Robert Horvath and Todd Tremblay represented the seller, Kingston Summer LP. The buyer, Frank Sullivan, was also procured by Horvath and Tremblay.

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Arnold of Mott & Chace Sotheby’s International Realty sells 17 Ferolbink Way for $4.5 million

Little Compton, RI Mott & Chace Sotheby’s International Realty sold 17 Ferolbink Way, for $4.5 million. The sellers were represented by Cherry Arnold, sales associate of Mott & Chace

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