John M. Corcoran & Company Acquires Mixed-Use Property At 929 Massachusetts Avenue For $53.6M

The asset involved in this transaction is a mixed-use property located at 929 Massachusetts Avenue, Cambridge, MA. This property consists of two buildings and was sold for $53,600,000. The mixed-use designation indicates that the property accommodates both residential and commercial uses.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $53,600,000
• Buyer: John M. Corcoran & Company
• Brokerage Firm: Walker & Dunlop
• Brokers Involved: Travis D’Amato, Michael Coyne, Brendan Shields, Kevin Gleason & Maggie McFarland
• Market: Cambridge, MA

The deal was executed with an undisclosed institutional seller who sold the property to John M. Corcoran & Company. The transaction was facilitated by the brokerage firm Walker & Dunlop, which played a pivotal role in the closing process.