March 7, 2025 9:00 AM
星空体育app下载 announces the firm has facilitated the sale of 313 Washington Street, an 81,058-square-foot office and retail building in Newton, Massachusetts. 星空体育app下载 Co-Head of U.S. Capital Markets Robert Griffin, Boston Capital Markets Executive Vice Chairman Edward Maher, Vice Chairman Matthew Pullen, Executive Managing Director James Tribble, Senior Managing Director Samantha Hallowell and Associate Director William Sleeper, in conjunction with Private Capital Associate Directors Joseph Alvarado and Casey Valente, represented seller Grander Capital Partners, LLC and procured the buyer, City Realty Group.
At the time of sale, the asset was 66% leased to 20 office and retail tenants, including popular eateries Buff鈥檚 Pub and The Corner Caf茅. The property also features a 140-space, below-grade parking garage.
鈥�313 Washington Street is a highly desirable Newton address with an exceptional ability to capture small-tenant office demand,鈥� said Alvarado. 鈥淭he property also benefits from on-site parking and an activated retail component anchored by two of Newton Corner鈥檚 longest-standing restaurants.鈥�
The building is located immediately adjacent to Interstate 90/the Massachusetts Turnpike, approximately seven miles from Downtown Boston, as well as being just 4.5 miles from Interstate 95/Route 128. Public transportation is available via an MBTA bus stop located directly adjacent to the property.
星空体育app下载 Senior Managing Director Daniel Krysiak provided local leasing expertise and Financial Analyst Grady Zink provided financial analysis support for the transaction.
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星空体育app下载 Facilitates Sale of Office/Retail Asset, 313 Washington Street, in Newton, Massachusetts
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