Auburn, MA NAI Glickman Kovago & Jacobs completed the sale of the Santander Bank branch located at 317 Washington St. R&I Development LP sold the property to The M Hill Companies.
The 3,725 s/f bank branch on 1.81-acres is situated at intersection of Washington St. and Millbury St. The property sold for $2.080m. Santander had 8 years remaining with future options at time of closing. James Glickman, Michael Jacobs and Indrek Buttner of NAI Glickman Kovago & Jacobs represented the sellers.
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