News: Owners Developers & Managers

Elcock, Goodhue and Barry of Meredith & Grew complete $3.2m sale for Eastport

Meredith & Grew has brokered the sale of 122 Quincy Shore Dr. for $3.2 million to Lee Kennedy Co., Inc. Executive vice president James Elcock and associates David Goodhue and Katharine Barry of Meredith & Grew represented the seller Eastport Real Estate Services. Owner Dana Narlee of Pearson Associates represented the buyer Lee Kennedy Co., Inc. The building will be used as Lee Kennedy's corporate headquarters. Built in 1984 and renovated in 1996, 122 Quincy Shore Dr. is a two-story, 21,000 s/f office building located eight miles south of downtown Boston. It is close to the North Quincy Red Line T Station, one mile from Rte. 93 and five minutes from Rte. 3.  "We applied value added fundamental property management practices to increase the value well in excess of our original expectations. We were very pleased that Meredith & Grew and Pearson Associates handled the transaction in such an efficient manner." said Michael Price, president of Eastport Real Estate Services.
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