Dorchester Realty Ventures LLC Acquires Retail Property On Morrissey Boulevard For $10M

The Lambert family, owners of Lambert’s Rainbow Market stores in Dorchester, has sold a retail property located at 731-777 Morrissey Boulevard in Dorchester, MA. The property, consisting of a store and surrounding plaza, was purchased by Dorchester Realty Ventures LLC for $10 million.

Summary of transation details

• Property Type: Retail
• Transaction Amount: $10,000,000
• Address: 731-777 Morrissey Boulevard, Dorchester, MA
• Market: Dorchester, MA

Danny Lambert and Billy Lambert, representing the Lambert family, were the sellers of the property. Dorchester Realty Ventures LLC, a buyer in the transaction, acquired the property and surrounding plaza from the Lambert family.

It is worth noting that the Lambert family, known for owning Lambert’s Rainbow Market stores in Dorchester, sold the property for $10 million.