Greater Boston Commercial Properties Inc Acquires Retail Property In Weymouth, MA For $8M

The retail property located at 390, 396, and 396 Rear Washington St in Weymouth, MA has been sold. The transaction took place on 10/28/2022 and was facilitated by Bret O’Brien and Nishan Papazian of Greater Boston Commercial Properties Inc. The property sits on 7.4 acres of land and spans a total of 30,650 square feet. The sale price for this retail asset was $8,000,000, resulting in a price per square foot of $261.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $8,000,000
• Address: 390, 396, & 396 Rear Washington St, Weymouth, MA
• Market: Weymouth, MA
• Acres: 7.4

Bret O’Brien and Nishan Papazian of Greater Boston Commercial Properties Inc were the brokers representing the involved parties in this sale. They played a crucial role in ensuring the successful completion of the transaction.