News: Brokerage

Kelleher and Pentore of Horvath & Tremblay sell property for $6.75m

Cambridge, MA Dennis Kelleher and John Pentore of Horvath & Tremblay have completed the sale of “Clary & Prospect,” a 12-unit multi-family property. Horvath & Tremblay exclusively represented the seller and sourced the buyer in the transaction. The asset sold for $6.75 million. 

The multi-family property is located at 6-8 Clary St. and 355-365 Prospect St. in the Wellington-Harrington neighborhood. Situated in a high-density, urban-infill neighborhood, the walkable location is situated on the edge of Inman Sq. and is a short walk from Kendall Sq., the Green Line at the Union Sq. Station, MIT, MGH, the Charles River Esplanade, and downtown Boston. 6-8 Clary St. and 355-365 Prospect St. is a two-building, three-story multi-family property, comprised of three three-bedroom/one-bathroom units and nine two-bedroom/one-bathroom unit with 13,602 s/f of living space in 18,136 s/f of total gross area on a 0.16-acre parcel. 

The location is walkable to the employment centers of Kendall Sq. and downtown Boston, multiple public transportation options, and numerous shopping, dining, entertainment, and outdoor recreation options. Notable amenities within walking distance include Cambridgeside Galleria, Twin Cities Plaza (Star Market & Marshalls), Target, Whole Foods, MIT, Kendall Sq., Union Sq., and the Charles River Esplanade.

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Goldberg of Spire Investments purchases Beverly portfolio for $9.2m

Beverly, MA Jay Goldberg, president and owner of Spire Investments has completed the purchase of four multifamily buildings. The 33-unit purchase amounted to a sale price of $9.2 million or $278,788 per unit. The properties are all located in downtown and consist of one- and two-bedroom units.
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