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SVN | Parsons Arranges $7M Sale of Retail Portfolio in Metro Boston

SVN | Parsons Commercial Group | Boston has arranged the $7 million sale of a 15,181-square-foot retail portfolio in Newton, Waltham and Bellingham, MASS.

The properties are located at 40 Austin Street in Newton, 1290 Main Street in Waltham, 4 North Main Street in Bellingham and 231
East Central Street in Franklin. Marilyn Santiago of SVN was the sole broker in the transaction. The buyer was not disclosed.

“The Rockland Portfolio presented a dynamic and rare opportunity for investors to acquire a stable multi-building investment in some of Greater Boston’s desirable submarkets,” said Santiago. “The sale shows that the investment sales market in the Greater Boston region is still viable for the right assets and the right investors in spite of the current challenges.”


Inside The Story

SVN’s Santiago

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.

  • ◦Acquisition
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