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

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.