Stamatos Family Acquires Retail Property From Patel Family In Dorchester For $500,000

The asset involved in this transaction is a retail property located at 8-12 Hancock Street in Dorchester, MA. The sale price for the property was $500,000, and it encompasses a total square footage of 2,293. The price per square foot is calculated at $218.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $500,000
• Buyer: Stamatos Family
• Seller: Patel Family
• Broker: Jeff Similien - DMG Brokerage

Jeff Similien of DMG Brokerage represented the transaction in this sale between the Stamatos Family and the Patel Family, facilitating the negotiation and execution of the deal.