Riverside Properties Acquires Office Building At 160 Gould Street In Needham For $19M

The property asset involved in this transaction is an office building located at 160 Gould Street in Needham, MA. The transaction was completed at a sale price of $19,000,000. The asset encompasses a total area of 135,272 square feet, resulting in a price per square foot of $140.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $19,000,000
• Address: 160 Gould Street, Needham, MA
• Square Footage: 135,272
• Price per Square Foot: $140
• Buyer: Riverside Properties
• Seller: Kevin E. Penn - James Campbell Company
• Brokers: Robert (Rob) Griffin, Edward Maher, Matthew (Matt) Pullen, James (Jim) Tribble, Samantha Hallowell, William (Will) Sleeper, Joseph Alvarado, Casey Valente - Newmark

The deal was facilitated by Newmark, with key players including Riverside Properties as the buyer and Kevin E. Penn representing the seller, James Campbell Company. The brokers involved in this transaction provided expertise in navigating the details of the sale and ensured a smooth process throughout the negotiation stages.