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Boston & New England  + Metro Boston  + Retail  | 

SVN | Parsons Commercial Brokers $6M Sale of Retail Property in Wellesley

SVN | Parsons Commercial Group has arranged the $6 million sale of 79-93 Central Street, a multi-tenant retail center in Wellesley, MASS.

The center is located in Wellesley Center, which is also known as the Wellesley Square District and is currently 83% occupied. The center’s tenant roster incudes fitness, health and beauty shops.

Marilyn Santiago of SVN | Parsons represented the seller, STMC LLC, in the transaction. Arlon Brown of SVN | Parsons represented the buyer, AlpCentral, in the acquisition.

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SVN | Parsons Commercial

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.

  • ◦Sale/Acquisition