Sconset Trust Acquires Siasconset Market In MA For $5.2M

The Siasconset Market, a cherished establishment in Nantucket’s east end, located at 4 Main Street in Siasconset, MA, has been sold in a recent transaction. The property, classified as a Retail asset, was acquired by the 'Sconset Trust from the seller, Mark Donato, for a total purchase price of $5,200,000.

Summary of transation details:

• Property Type: Retail
• Transaction Amount: $5,200,000
• Buyer: William B. Holding, Jr & David J. Brown - Sconset Trust
• Seller: Mark Donato
• Address: 4 Main Street, Siasconset, MA
• Market: Siasconset, MA

The acquisition of the Siasconset Market was facilitated by William B. Holding, Jr and David J. Brown, both representing the 'Sconset Trust in this transaction. The sale marks a significant handover of ownership for this well-known establishment in the Nantucket area.