Grove Property Group Sells Two MF Buildings for $10M
Grove Property Group has sold two multifamily buildings in Boston’s Beacon Hill and North End neighborhoods. The properties at 35 Grove Street and 5 Battery Street fetched $6.7 million and $3.6 million, respectively.
The Beacon Hill property is a multifamily building with nine two-bedroom and one one-bedroom units. While the North End property features three three-bedroom units, one two-bedroom unit, and two one-bedroom units.
“We are excited to announce the successful sale of these exceptional assets,” said John Federico, Founder of Grove Property Group. “Both properties represent the strategic positioning and quality for which our company is known.”
Emily Fu is Content Director of Connect Commercial Real Estate, where she covers the east coast markets, including New York, Boston & New England, and DC & Mid-Atlantic markets. She produces daily news stories as well as longer-form content, ranging from Q&As to thought-leadership pieces. She also writes feature stories for Connect Money.
With previous stints at Reuters, Seeking Alpha, and Commercial Observer, Emily has covered the finance side of the commercial real estate industry, technology, media, telecom (TMT), and fashion. She attended the Columbia Graduate School of Journalism and currently resides in Manhattan.