Harbinger Development Acquires Mixed-use Property In Boston For $8.5M

The mixed-use property located at 125 Tremont in Boston, MA was recently sold in a transaction. The sale took place on 04/02/2021, with the property being purchased for a price of $8,500,000. The property spans across 16,000 square feet, resulting in a price per square foot of $531. The transaction involved the seller, The Grossman Company, and the buyer, Harbinger Development.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $8,500,000
• Date: 04/02/2021
• Address: 125 Tremont, Boston, MA
• Market: Boston, MA
• Seller: The Grossman Company
• Buyer: Harbinger Development
• Brokers: Chris Sower, Bruce Lusa, Jon Bryant, John Flaherty, & Kevin Jones - Cushman & Wakefield
• Square Footage: 16,000
• Price per Square Foot: $531

The transaction was facilitated with the help of brokers Chris Sower, Bruce Lusa, Jon Bryant, John Flaherty, and Kevin Jones from Cushman & Wakefield. The involvement of these individuals and the companies they represent played a significant role in the successful completion of the deal.