News: Brokerage

Northeast Private Client Group facilitates $487,500 sale of a 4.70 acre parcel

Saugus, MA Northeast Private Client Group (NPCG) has announced the $487,500 sale of the Broadway Commercial Land, located on 67 Broadway.

Associate Patrick Wheeler along with vice president, investments Francis Saenz represented the seller, a local operator looking to offload an asset that did not match their portfolio and procured the buyer an owner of an adjacent parcel.

The Broadway Commercial Land is a 4.70-acre lot located along Route 1, locally known as Broadway. The parcel is located just south of Route 1 / I-95 intersection and is zoned for R-2, suitable for a wide range of uses, including retail, office, service, or hospitality. The commercial property has excellent frontage on one of the busiest retail and business corridors north of Boston.

MORE FROM Brokerage

Hines of Horvath & Tremblay completes the sale of 200 multi-family units in Connecticut for $16.24 million

Norwich, CT Tim Hines of Horvath & Tremblay has facilitated the sale of 200 multi-family units totaling $16.24 million. Hines arranged the sale of an 83 unit multi-family portfolio in Cromwell, Middletown and Norwich, Conn. Horvath & Tremblay exclusively represented the seller and procured the buyer to complete the transaction at a sale price of $9 million.
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