Peter M. Moglia Of Alexandria Real Estate Sells Retail Asset In Watertown For $100.25M

The property asset involved in the transaction is a retail space located at 550 Arsenal Street, Watertown, MA. The sale was finalized for a price of $100,250,000, encompassing a total square footage of 250,000 and resulting in a price per square foot of $401. The transaction included financing from Wells Fargo amounting to $83,020,000.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $100,250,000
• Address: 550 Arsenal Street
• Market: Watertown, MA
• Square Footage: 250,000
• Price per Square Foot: $401
• Seller: Peter M. Moglia - Alexandria Real Estate
• Lender: Wells Fargo

The sale features Peter M. Moglia representing Alexandria Real Estate as the seller in this significant retail transaction. The financing aspect of the deal was facilitated by Wells Fargo, providing a substantial loan to support the sale.