TRB & Associates has brokered the sale of 4 retail buildings totaling 93,872 s/f of space situated upon 6.86 acres on Cambridge St. (Rte. 3A) for $6.9 million. The larger retail buildings at the site were formerly occupied and home to Building 19 - known for its "good stuff cheap" established in Massachusetts in the 1960s until last year. "It is not often and actually quite rare to find and acquire such a tremendous piece of commercial real estate at a prime location in Burlington, Mass.," said Thomas Blakely, president.
"Duffy Properties has been putting our name on commercial and residential properties since the 1960s. We have worked with many professional real estate firms and brokers over the years. Duffy Properties values what TRB & Associates consistently brings to the table and we look forward to working with them again on more transactions in the future," said Steven Duffy, principal.
In another transaction, TRB & Assoc. has brokered the sale of a freestanding restaurant/club building totaling 5,364 s/f of retail space situated upon 1.03 acres located at 145 Main St. in Kingston, Mass. for $1.344 million. Payal 145, LLC acquired the property from WW 145 Main Street, LLC. "It was a pleasure to assist both parties in a mutually-beneficial outcome," said Blakely.
Blakely procured the buyer and was the sole broker in both transactions.