Privately-held real estate brokerage and advisory firm Boston Realty Advisors has been tapped to sell a three-property mixed-use portfolio on the border of Revere and Malden.
The properties are situated at 649-655 Squire Road in Revere and One Wesley Street in Malden. The combined mixed-use site, which is being marketed as The Squire Portfolio, sits on more than seven acres and totals 114,000 square feet. The portfolio is anchored and owned by Boston Harley-Davidson, part of the largest full-service Harley-Davidson dealership in New England, and home to an onsite Riding Academy. Boston Harley-Davidson intends to continue operations from their current site, subject to an absolute triple net (NNN) lease structure with a sale leaseback.
“I look forward to working with BRA on the next chapter in Boston H-D history,” said Al Contois, Co-Owner and President of Boston Harley-Davidson. “This strategic vision and resulting sale leaseback will further strengthen our balance sheet, providing us with greater flexibility to serve our loyal customers and the Greater Boston community.”
David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles.
Email the Author
Reach over 250,000 Commercial Real Estate Professionals with Connect
Connect CRE reaches the top commercial real estate players nationwide and across all property types, offering you a variety of ways to showcase your team, your expertise and your brand to CRE decision makers.
ConnectCRE.com
The home for CRE news and everything you need to stay informed on deals, trends, and transactions, providing a platform to get your brand in front of your target audience.
Daily CRE Emails
Reaching over 150,000 inboxes across the nation every day, Connect’s Daily News emails provide advertising opportunities specific to your market.
Bi-Weekly Property Sector Emails
Focus your advertising on emails dedicated to your property sector and stay visible to current and potential clients.
Content Marketing
Position your team as experts in your field with content created by Connect’s editorial team and published on Connect’s news emails. Showcase your intelligence and broaden your reach.