Boylston Properties Acquires Watertown Retail Property For $96.25M

Boylston Properties has acquired a retail property located at 615 Arsenal Street in Watertown, MA. The property was sold by Inland Real Estate in a closed transaction. The deal was facilitated by the brokers Geoff Millerd, Paul Penman, Jon Martin, and Rob Griffin from Newmark.

Summary of transaction details

• Property Type: Retail
• Sale Price: $96,250,000
• Total Building Square Footage: 126,460
• Price per Square Foot: $761
• Date: 01/18/2022
• Market: Watertown, MA

Newmark's Los Angeles team, consisting of Bill Bauman and Kyle Miller, also played a role in brokering the deal alongside the local team.