Legacy Real Estate Venture Acquires Office Building In Newton, MA For $4.05M From Seller Wingate

189 Wells Avenue, Newton, Massachusetts 02459, United States

$4,050,000

$129/SF

Building Size

31,291 SF

Asset Type

Office

Closing

Jun 13, 2022

AI

The office building located at 189 Wells Ave in Newton, MA has been sold in a transaction. The property spans a total of 31,291 square feet and is classified as an office asset. The sale took place on 06/14/2022.

Summary of transaction details

Property Type: Office
Transaction Amount: $4,050,000
Address: 189 Wells Ave, Newton, MA
Market: Newton, MA

The buyer of the office building is Legacy Real Estate Venture. On the other hand, Wingate acted as the seller in this transaction. The deal was facilitated by a group of brokers from Newmark, namely Robert Griffin, Joseph Alvarado, George Demoulas, and Casey Valente.

With a price per square foot (PPSF) of $129, this sale demonstrates the value of this office asset in the market.

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