Theroux of Drubner Industrials handles $1.26m retail center sale
Dave Theroux, a broker with Drubner Industrials of Waterbury, sold 515 Watertown Ave.
The property is a retail center anchored by Day-Break and Nardellis Sandwich Shop. There are five units of commercial condominiums in the building.
The buyer, Batista Family Partnership will occupy one of the units for their Dunkin' Donuts corporate offices. The seller was Middlebury Properties LLC, a real estate holding company owned by Greg Wright.
Paul Rodia of Drubner Industrials assisted Theroux with this transaction.
The sale price was $1.26 million.
Hingham, MA Union Square Donuts, the Somerville-based donut shop, will open a new location at Derby Street Shops later this summer. Founded in 2012, Union Square Donuts has built a devoted following across Greater Boston for its from-scratch approach and creative flavor combinations.
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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.