Newton, MA TRB Realty negotiated the sale of The Newtonville Portfolio to 60 Austin Street LLC for $7 million.
Three contiguous mixed-use buildings totaling over 30,000 s/f on one acre with 84 parking spaces in the Newtonville village center section of the city across from Star Market.
Exclusively on behalf of L & B Realty Trust, TRB Realty sold:
• 46-48 Austin St. consists of 11,272 s/f;
• 60 Austin St. consists of 15,450 s/f; and
• 66-68 Austin St., a 3,982 s/f duplex.
Thomas Blakely, CCIM and president of TRB exclusively represented the seller. Steve Moskowitz of Heritage Corp. represented the buyer.
Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and