Marcus & Millichap Brokers $29M Sale of Net-Leased Retail Portfolio in New England
Marcus & Millichap has arranged the sale of six single-tenant, net-leased properties in New England. The properties were sold by Glen Kunofsky, Josh Kanter, and Anthony D’Ambrosia of Marcus & Millichap over a 30-day period for a total of $28.7 million.
The properties included a 13,328-square-foot Dollar Tree in Marshfield, MASS.; a 2,280-square-foot Wendy’s in Enfield, CONN.; a 14,820-square-foot Walgreens built in 2008 in Bridgewater, MASS.; a 7,499-square-foot Dollar General built in 2020 in Granby, MASS.; a 5,800-square-foot Firestone Auto Care built in 2021 in Somersworth, N.H. and a 20,499-square-foot Kinder Care in Tewksbury, MASS.
Christopher Marks of Marcus & Millichap Capital Corp. arranged the financing for the sale of the Walgreens in Bridgewater. Peter Von Der Ahe, Seth Glasser, Michael Fusco, and Binyamin Katz provided representation in the sale of the Dollar General in Granby. Marcus & Millichap’s brokers of record in Massachusetts, Connecticut and New Hampshire are John Horowitz, John Krueger, and James Koury, respectively. The buyers and sellers of the properties were not disclosed.
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. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector.
Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA.
David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.