O’Brien and DeWolfe of Greater Boston Commercial Properties broker $3.6 million

Marlborough, MA Bret O’Brien and Tyler DeWolfe of Greater Boston Commercial Properties brokered the sale of 423 and 435 Lakeside Ave. The 9,348 s/f property sold for $3.6 million.

Bret O’Brien, Greater Boston
Commercial Properties

Tyler DeWolfe, Greater Boston
Commercial Properties

The property is located off of I-495 and consists of two free standing buildings. The larger building is 6,724 s/f and the smaller building is 2,624 s/f. The $387 per s/f is a high water mark for commercial real estate sales on a per s/f basis in the Rte. 495 market.

The remaining space is available for lease. Lakeside Ave. hosts several national branded hotels and supports a significant amount of retail trade within the surrounding area. The smaller building has a long-term lease to The Vitamin Shoppe.

Tags: Brokerage Retail

Reprint

Previous Story Next Story

O,R&L Commercial facilitates $3.8m sale of 29,879 s/f mixed-use property

Wallingford, CT O,R&L Commercial has completed the $3.8 million sale of a mixed-use investment property located at 33-39 North Main St. and 24-25 Wallace Ave. in the town center.

Atlantic Capital Partners sells shopping center in Milford for $8m

Horvath & Tremblay completes sale of Walgreens store for $4.9m

Commercial Realty Advisors represents buyer in $1.9m acquisition

Prescott IOS and the Stubblebine Company complete 30,500 s/f on three acres of IOS in a build-to-suit lease at 3 Belcher St., Plainville, MA

READ ON THE GO

DIGITAL EDITIONS

Browse Now

Quick Hits

Movers & Milestones

Margulies Perruzzi welcomes Montanez as experiential design lead

Columns and Thought Leadership

The rise of AI in CRE - And what it means for every skilled profession - A broker & appraiser weighs in - by Bryan Plourde

This may seem self-serving, and I’ll be the first to admit it. But unlike some of the artificial intelligence tools now reshaping our industry, I am fully aware of my own bias. So, hear me out. The rise of AI in commercial real estate is not a distant threat or a speculative headline.

End of the year retail thoughts - by Carol Todreas

Now what? As the year comes to a close, the state of retail is always in the news. The answers vary greatly depending on who in the various related industries you ask, each offering a unique lens on the challenges and opportunities ahead.