
Allston, MA Coldwell Banker Commercial represented the buyer in the acquisition of an office building located at 280 Lincoln St. The transaction was valued at $2.5 million.
Todd Glaskin, a commercial real estate professional with Coldwell Banker Commercial NRT, represented the buyer in the transaction. The buyer, LEOVOFS LLC, has added this as an investment property to their portfolio of holdings.
The three-story building totals 10,800 s/f and is situated on 0.25 acres.
“This property is a premier location within steps to Harvard University’s recent expansion over the Charles River of their Allston campus. We facilitated an off-market transaction for a longtime client whose flexibility and strength provided a mutually beneficial sale for both parties,” said Glaskin.
Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and