Boston & New England + Metro Boston + Retail | June 17, 2021

Newton Retail Center Trades for $4M

Coldwell Banker Commercial has arranged the $4 million sale of a retail center located in the Four Corners area of Newton, MASS. Todd Glaskin of CBC represented the buyer, 1144-1152 Beacon St. LLC, in the transaction. The seller was not disclosed.

Located at 1144-1152 Beacon St., the one-story building totals 9,350 square feet and it situated on nearly a half-acre of land. The property also includes off street parking as well as 100 feet of retail frontage.

“This property is located within Newton Four Corners just outside of Newton Centre and offered a great investment opportunity on highly desirable Beacon Street with a rare mix of strong local and national retail tenants. We facilitated the off-market transaction for two longtime clients in both the buyer and seller,” said Glaskin.

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Inside The Story

CBC’s Glaskin

About David Cohen

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.

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