facebook
Traded Co logo
Submit
Daily limit: 0/10

Patrice Louvet Of Ralph Lauren Purchases Retail Space From Raymond Gindi For $37.8M In Boston

Property Image
SOLD
$37,800,000

Massachusetts

See Similar Deals
Retail13,000 SF
Sold 07/08/2025
the dealplayerscompscontact
Property Image
SOLD

Patrice Louvet Of Ralph Lauren Purchases Retail Space From Raymond Gindi For $37.8M In Boston

93 Newbury Street

See Similar Deals
Retail13,000 SF
Sold 07/08/2025
Contact now

Summary

MASSACHUSETTS
Asset Type:Retail
Price Per Square Foot:$2,907
Total Square Footage:13,000 SF
Transaction Type:Sale

The retail asset located at 93 Newbury Street in Boston, MA, has been sold for $37,800,000. The property comprises 13,000 square feet, translating to a price per square foot of approximately $2,908. Ralph Lauren has been occupying the space since 2013, previously acquiring it from ASG Equities.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $37,800,000
  • Address: 93 Newbury Street
  • Market: Boston, MA
  • Square Footage: 13,000
  • Price Per Square Foot: $2,908
  • Buyer: Patrice Louvet - Ralph Lauren
  • Seller: Raymond Gindi - ASG Equities

Patrice Louvet represented Ralph Lauren in this transaction, while Raymond Gindi represented ASG Equities. The deal reflects Ralph Lauren's continued commitment to its flagship location in Boston.

Players

7 deals$322.6M volume
SELLER

SELLER

Details

SOLD
IMAGE: Patrice Louvet & Raymond Gindi DATE: 07/08/2025 ADDRESS: 93 Newbury Street MARKET: Boston, MA ASSET TYPE: Retail BUYER: Patrice Louvet - Ralph Lauren (@PoloRalphLauren) SELLER: Raymond Gindi - ASG Equities SALE PRICE: $37,800,000 SF: 13,000 ~ PPSF: $2,908 NOTE: Ralph Lauren bought its 13,000-square-foot flagship at 93 Newbury St. in Boston for $37.8 million, or $2,907 per square foot. The retailer has occupied the space since 2013, purchasing it from ASG Equities.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$2,016,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$134,295.42
Cash-on-Cash Return-1.27%
Monthly Debt Service$179,191.28
Annual Debt Service$2,150,295.42