1422 Washington St

The property asset involved in the transaction is the Hanover Shopping Plaza, located at 1422 Washington St, Hanover, MA. The retail center spans 26,307 square feet and was sold for $6,200,000.00. The property is anchored by Town Fair Tire, Papa Gino’s, D’Angelo, and Pearle Vision. The property was developed in 1975 and has been noted for its potential for renovation.

Summary of transaction details:

• Property Type: Retail Center
• Transaction Amount: $6,200,000.00
• Address: 1422 Washington St, Hanover, MA
• Market: Hanover
• Square Footage: 26,307
• Seller's Representatives: Kevin Gleason - JLL, Evan Griffith - Marcus & Millichap
• Buyer: Unknown
• Seller: Limited Liability Company
• Buyer's Plans: Renovation and leasing of vacant space

The deal was brokered by Evan Griffith and Tony Pepdjonovic from Marcus & Millichap, representing the seller in the transaction. The buyer, also a limited liability company, has expressed intentions to renovate the property and fill existing vacancies within the retail center.