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Boston & New England  + New England  + Net Lease  |  October 11, 2021
ExchangeRight Fully Subscribes $132M Net-Leased Portfolio which is comprised of grocery, necessity retail, banking and much more
Lisa McDuffie
By: Lisa McDuffie

Marcus & Millichap Arranges $13M Sale of Net-Lease CVS in Springfield

Marcus & Millichap has finalized the sale of a 19,000-square-foot net-leased CVS located on Belmont Ave., according to Thomas Shihadeh, regional manager of the firm’s Boston office. The asset sold for $13,200,000. 

Senior managing director James M. Koury and associate Alex Quinn, retail investment specialists in Marcus & Millichap’s Boston office, represented the seller and procured the buyer. The Koury Group has closed five retails deals totaling more than $115 million since March 1.   

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Inside The Story

Marcus & Millichap's Shihadeh

About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.
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