NAI Hunneman recently brokered the $1.175 million sale of a 15,600 s/f manufacturing/R&D building at 45-47 Calvary St. to Buffalo Springfield Real Estate LLC.
Senior vice president David Gilkie of NAI represented the seller JWS Realty Trust while the buyer was represented by Jeremy Fried of Boston Realty Advisors.
"The partial sale-leaseback transaction was a win for both parties," said Gilkie. "The seller was able to remain at the property long-term in close to 47% of the building while the buyer acquired an asset with a good, long-term tenant and will occupy the remaining vacant space in the building."
Located at the intersection of Newton and Elms Sts., 45-47 Calvary St. offers a strong central location and a unique mix of manufacturing/R&D space with ample office space on the upper and lower floors, tailboard loading and generous on-site parking.
Headquartered in Boston, NAI Hunneman is a leading provider of commercial real estate services to corporations, institutions and the private market. NAI Hunneman is a member NAI Global, the premier network of independent commercial real estate firms and one of the largest commercial real estate service providers worldwide. NAI Global manages a network of 6,700 professionals and 375 offices throughout the world. NAI professionals work together with its global management team to help clients strategically optimize their real estate assets.