Quantum Real Estate Advisors brokers $8.3 million sale of 14,820 s/f Walgreens

Lakeville, MA Quantum Real Estate Advisors, Inc., has brokered the $8.3 million sale of a 14,820 s/f single-tenant Walgreens. There were 10 years remaining on the original 25-year Walgreens lease at the time of sale.

Daniel Waszak of Quantum R.E. represented the buyer in the transaction, a private 1031-exchange investor that is a Quantum repeat client. The seller was a Midwest-based real estate investment trust.

“Strong sales and the proximity of the purchaser to the property were the drivers behind this acquisition,” said Waszak. “The purchaser was able to get comfortable that Walgreens was performing well here along with quality underlying real estate.”

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Prescott IOS secures lease of 151 Rivermoor St. for Eastern Bus Co. at 151 Rivermoor St. in West Roxybury

West Roxbury, MA Prescott IOS has arranged an industrial outdoor storage lease for Eastern Bus Company at 151 Rivermoor St. David Skinner and Devon Wagner of Prescott IOS represented the tenant, while Caroline Munn nd Rob Byrne of CBRE represented the landlord, Feeney Brothers Real Estate. The 40,000 front foot site gives the bus operator secured yard space close to the routes it serves across Boston and the inner suburbs.

Northshore Phoenix High School moves to 10,744 s/f at Cummings Center

Northshore Phoenix High School moves to Cummings Center

Combined Properties leases 18,581 s/f in Centennial Park to HTS Engineering

Combined leases 18,581 s/f to HTS Engineering

Summit brokers freestanding Taco Bell entry into Cape Cod market

NAI Glickman Kovago & Jacobs brokers acquisition of Quarry Square

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End of the year retail thoughts - by Carol Todreas

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