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News:
Owners Developers & Managers
Posted: January 26, 2018
Christie and McGee of NAI Hunneman brokers $5 million multifamily sale
Boston, MA NAI Hunneman brokered the $5 million sale of 90 St Botolph St., a 10-unit, brownstone apartment building located in the city’s Back Bay area.
Executive vice president Carl Christie and assistant vice president Dan McGee represented the seller 90 St. Botolph LLC and procured the buyer 16 Pinckney Street, LLC.
“There was a tremendous amount of interest in the property due to its location in one of Boston’s most sought-after neighborhoods,” said Christie. “The location, condition, and occupancy were the primary reasons that the property went under agreement quickly for the full asking price.”
Located near the MBTA’s green line, 90 Saint Botolph St. is comprised of 8 one-bedroom apartments, and 2 studio apartments.
The building is fully occupied, well-maintained, and well-managed by the same ownership group for over 30 years.
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 of 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 7,000 professionals and 400 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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