Marr of Keliher and Carucci of ERA negotiate $20,816,864 investment

November 26, 2007 - Front Section

Shown (from left) Douglas Marr and Michael Carucci in front of 144 Newbury St - Boston, MA

Douglas Marr of Keliher Real Estate and Michael Carucci of ERA Group Boston sold an investment package to Urban Meritage for $20,816,864. The package included 11,500 s/f of retail condominiums on the corner of Dartmouth and Newbury St., located at 144 Newbury St. and 265-275 Dartmouth St.
The buildings are tenanted by Paparazzi, Madura of Paris home furnishings, Salon Red and Yoshi Sushi. The package also included 234 and 236 Clarendon St.consisting of 13,500 s/f and 130 Tremont St., a six story retail/office building of over 12,500 s/f anchored by Bank of America.
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