Nazareth Enterprises Acquires Retail Property In San Mateo For $7.3M

Located at 616 S B St in San Mateo, this retail property was recently sold in a closed transaction. The property spans approximately 7,500 square feet and was sold for a price of $7,300,000, resulting in a price per square foot of $973. The transaction took place on 02/23/2021.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $7,300,000
• Address: 616 S B St, San Mateo
• Market: San Mateo

The buyer in this transaction was Nazareth Enterprises. The deal was facilitated by Richard Beale from Beale Properties, Mitch Zeemont, and Tony Kaufmann from Gantry.