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Boston & New England   /   January 21, 2021

David Cohen
By: David Cohen

Boston Realty Advisors Tapped to Sell 114K-SF MXU Portfolio in Revere

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.”

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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.
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