Neal Shalom And Josh Levy Of Waterstone Properties Group Acquire Retail Space In Braintree For $30M

Waterstone Properties Group acquired a retail asset comprising 86,000 square feet located at 350 Grossman Drive in Braintree, MA for a total of $30,000,000. The purchase price reflects a price per square foot of $349, indicative of the transaction's market dynamics.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $30,000,000
• Buyer: Neal Shalom & Josh Levy - Waterstone Properties Group
• Seller: Andrea Olshan - Seritage Growth Properties
• Square Footage: 86,000
• Price per Square Foot: $349

The transaction was finalized on February 25, 2025, involving key representatives from both the buyer and seller's agencies. Neal Shalom, Josh Levy, and Andrea Olshan were instrumental in facilitating the deal within the marketplace's competitive environment.