
Weymouth, MA Bret O’Brien and Nishan Papazian of Greater Boston Commercial Properties Inc. of Northborough represented the seller in the portfolio sale of 390, 396, & 396 Rear Washington St. as well as the business Monahan’s Marine for $8 million.
The portfolio sale consists of three buildings totaling 30,650 s/f situated on 7.4 acres. The properties and business were bought by Brian and Marc Curreri of Scituate Boat Works. They plan to continue to run the business and continue the legacy of Monahan’s Marine, which has become a staple of the local community.
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