The Koury Group of Marcus & Millichap arrange $13.2 million sale of CVS store

Springfield, MA Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, has completed the sale of a 19,000 s/f CVS located at 615 Belmont Ave., according to Thomas Shihadeh, regional manager of the firm’s Boston office. The asset sold for $13.2 million.

Senior managing director James Koury and associate Alex Quinn, retail investment specialists in Marcus & Millichap’s Boston office, exclusively represented the seller and procured the buyer.

The Koury Group has been enjoying a banner year with five retail deals closed since March 1, totaling over $115 millon with another nine centers either under agreement or in the market for sale.

Tags: Brokerage Retail

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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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