Marcus & Millichap has announced the sale of a mixed-use portfolio in West Roxbury, Boston, MA., for $6.7 million. The portfolio includes a three-story, 24,000-square-foot mixed-use building on 530-540 VFW Parkway with a mix of office and residential units, and an adjacent single-family dwelling located at 70 Brucewood Street.
“We were thrilled to be awarded this unique listing after a rigorous interview process that included several brokerage firms,” said Tony Pepdjonovic, senior vice president of investments. “Our sales process resulted in 17 offers which allowed us to drive up the price significantly,”
The properties are located on the Chestnut Hill border, near MBTA public transit and across the street from the Hancock Village Plaza. Tony Pepdjonovic and Evan Griffith of Marcus & Millichap’s Griffith Pepdjonovic Group had the listing and procured the buyer.
Emily Fu is Content Director of Connect Commercial Real Estate, where she covers the east coast markets, including New York, Boston & New England, and DC & Mid-Atlantic markets. She produces daily news stories as well as longer-form content, ranging from Q&As to thought-leadership pieces. She also writes feature stories for Connect Money.
With previous stints at Reuters, Seeking Alpha, and Commercial Observer, Emily has covered the finance side of the commercial real estate industry, technology, media, telecom (TMT), and fashion. She attended the Columbia Graduate School of Journalism and currently resides in Manhattan.