Highland Realty Holdings Acquires Mixed-Use Property In Randolph For $39.3 Million

The property asset involved in the transaction is a mixed-use building located at 19 Highland Avenue, Randolph, MA. The sale price was $39,300,000, consisting of 107 units with a price per unit of $367,289. The total square footage is 126,460, with a price per square foot of $310.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $39,300,000
• Units: 107
• Price Per Unit: $367,289
• Square Footage: 126,460
• Price Per Square Foot: $310
• Buyer: Highland Realty Holdings
• Seller: Taj Estates of Randolph
• Buyer's Representative: Christopher Sower & Jonathan Bryant - Cushman & Wakefield
• Seller's Representative: Robert Schiavo - Schiavo Enterprises

The acquisition was facilitated by Christopher Sower and Jonathan Bryant, who represented the buyer, Highland Realty Holdings. Robert Schiavo represented the seller, Taj Estates of Randolph, and was involved in the overall development of the property.