Newmark Knight Frank brokers $2.4 million sale of 140-150 North Street in Hingham

April 26, 2019 - Retail
Geoffrey Millerd, NKF

 

Justin Smith, NKF

 

Paul Penman, NKF

 

Christian Brannelly, NKF

 

Hingham, MA Newmark Knight Frank (NKF) has completed the $2.4 million sale of 140-150 North St. to Cayton Capital Advisors, LLC. On behalf of Giarrusso Realty LLC, vice chairman Geoffrey Millerd, senior managing director Justin Smith, director Paul Penman and senior financial analyst Christian Brannelly of NKF’s Boston Capital Markets team – which is led by co-head of U.S. Capital Markets Robert Griffin – oversaw the transaction of the 4,390 s/f retail asset.

Located in downtown, 140-150 North St. is presently 100% leased to two long-term tenants: Square Café and La Petite Maison.  

“The ability to acquire a piece of Hingham’s historic downtown rarely becomes available,” said Smith. “As expected, this generational opportunity generated significant private capital interest.”

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