Riverside Properties LLC Acquires Retail Property In Cambridge, MA For $5M

Located at 629 Cambridge Street in Cambridge, MA, this retail property was recently sold in a transaction handled by ABG Commercial Realty. The property spans a total of 17,869 square feet and was sold for a price of $5,000,000, resulting in a price per square foot (PPSF) of $280. The seller of the property was Judith Silver, while the buyer was Riverside Properties LLC.

Summary of Transaction Details:

• Property Type: Retail
• Transaction Amount: $5,000,000
• Address: 629 Cambridge Street, Cambridge, MA
• Market: Cambridge, MA
• Square Footage: 17,869
• Price Per Square Foot (PPSF): $280
• Seller: Judith Silver
• Buyer: Riverside Properties LLC
• Brokers: Julian Lewis, Stephanie Deering, & Talia Abrams-Kudan - ABG Commercial Realty

This deal was facilitated by Julian Lewis, Stephanie Deering, and Talia Abrams-Kudan of ABG Commercial Realty. They acted as brokers representing both the buyer, Riverside Properties LLC, and the seller, Judith Silver. This transaction highlights the active real estate market in Cambridge, MA, with a substantial sale price and a favorable price per square foot.