Sterling Organization Acquires Retail Property In Braintree, MA For $44.2M

A retail property located at 238-310 Grove St in Braintree, MA has been sold for a price of $44,200,000. The property has a total square footage of 173,798 and a price per square foot of $254. The transaction took place on January 26, 2022. The property sits on a sizable 18.76-acre lot.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $44,200,000
• Address: 238-310 Grove St, Braintree, MA
• Market: Braintree, MA
• Square Footage: 173,798
• Price per Square Foot: $254
• Lot Size: 18.76 acres

The buyer of the property is Sterling Organization. The sale was facilitated by brokers Nat Heald, Chris Angelone, and Zach Nitsche from JLL.