Davenport Development LLC Acquires Retail Property In Chelsea, MA For $2.75M

936 Broadway, located in Chelsea, MA, has been sold in a transaction facilitated by Victoria Dimino of Engel & Volkers Boston. The property, a retail asset, was purchased by Davenport Development LLC from Indian Rock Realty Trust for a total sale price of $2,750,000. The retail space spans over 3,225 square feet, resulting in a price per square foot of $856.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $2,750,000
• Address: 936 Broadway, Chelsea, MA
• Market: Chelsea, MA
• Buyer: Davenport Development LLC
• Seller: Indian Rock Realty Trust
• Broker: Victoria Dimino - Engel & Volkers Boston
• Square Footage: 3,225
• Price per Square Foot: $856

Victoria Dimino, from Engel & Volkers Boston, played a pivotal role as the representative for Davenport Development LLC in this retail property transaction. With her expertise, she successfully facilitated the deal between the buyer and the seller, Indian Rock Realty Trust.