Norwood MA The Vara Family Limited Partnership has sold the Vara Building to Charles River Realty for $4.25 million. The property is situated on Rte. 1 at the signalized intersection of Sumner St. and is across the street from a shopping center anchored by Super Stop & Shop and Home Depot.
The building was constructed over 50 years ago by the grandfather of its former owners.
Tom Godino of Godino & Co., Inc. listed the property and negotiated its sale.
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