Plumbrook Capital Acquires 139-145 Richmond Street In Boston From Laura And David Veo For $17M

A mixed-use property located at 139-145 Richmond Street in Boston, MA has been sold for $17,000,000. The property encompasses a total of 19,243 square feet, resulting in a price per square foot of $883. This transaction marks a significant achievement as the most expensive single-building transaction in the neighborhood's history.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $17,000,000
• Address: 139-145 Richmond Street
• Market: Boston, MA
• Square Footage: 19,243
• Price Per Square Foot: $883
• Buyer: Plumbrook Capital
• Seller: Laura Veo & David P. Veo
• Brokers: Giancarlo Tiberi - Core Property Group & Craig Brody - Douglas Elliman

The sale involved the Veos, who represented themselves, having acquired the property in 1989 for $2.35 million. The brokers responsible for this transaction were Giancarlo Tiberi from Core Property Group and Craig Brody from Douglas Elliman.