TA Realty Acquires Retail Property In Falmouth, MA For $58.75M

The retail property located at 137 Teaticket Hwy in Falmouth, MA has been sold in a transaction. The property encompasses a total area of 273,103 square feet and was sold for a price of $58,750,000, resulting in a price per square foot of $2,515. The sale took place on April 22, 2022, and involved the buyer, TA Realty, and the seller, O'Connor Capital Partners. The deal was facilitated by Geoff Millerd, Jon Martin, and Paul Penman of Newmark, who acted as the brokers representing the parties involved.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $58,750,000
• Address: 137 Teaticket Hwy, Falmouth, MA
• Market: Falmouth, MA
• Buyer: TA Realty
• Seller: O'Connor Capital Partners
• Brokers: Geoff Millerd, Jon Martin, and Paul Penman - Newmark

In this closed transaction, TA Realty purchased the retail property at 137 Teaticket Hwy from O'Connor Capital Partners for a sale price of $58,750,000. The property spans an area of 273,103 square feet and is located in Falmouth, MA. The transaction was brokered by Geoff Millerd, Jon Martin, and Paul Penman from the Newmark agency.