NAI Hunneman, a leading provider of commercial real estate services, brokered the $3 million sale of a 30,000 s/f office property located at 217-221 Essex St.
Executive vice president/principal Carl Christie, assisted by sales associates Dan McGee and Henry Lieber represented the seller Park Towers IV LLC and procured the buyer Essex Derby LLC.
"The transaction provides the buyer with an irreplaceable trophy asset in an excellent downtown location; and at $100 per s/f the repositioning possibilities are endless," said Christie.
Strategically located in historic downtown, 217-221 Essex St. is a first class 30,000 s/f mixed-use building in The Essex St. Pedestrian Mall. The building, which was at one time a bank, had been renovated to 4 stories of office on top of two retail units on the first floor.
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.