Coldwell Banker Commercial has arranged the $3.6 million sale of a retail building in Wakefield, MASS.
Located at 369 Main St., the three-story building was built in 1880 and totals 17,140 square feet. It is situated on nearly a third of an acre of land, including an adjacent parking lot. The property is currently occupied by a retail banking company.
Todd Glaskin and Gregg Leppo of Coldwell Banker Commercial NRT represented the buyer, William Thibeault, president of Thibeault Development, in the transaction. Thibeault has added the property to his investment portfolio of holdings. The seller was 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.