KNBOO LLC Acquires Norwood Retail Property For $1.65M

590-592 Broadway, located in Norwood, was recently sold in a retail transaction. The property consists of 2,802 square feet and was sold at a price of $1,650,000, resulting in a price per square foot of $589. The sale took place on October 5, 2022, and involved KNBOO LLC as the buyer and Maxim Realty Trust as the seller.

Summary of transation details

• Property Type: Retail
• Transaction Amount: $1,650,000
• Square Footage: 2,802
• Address: 590-592 Broadway, Norwood

The buyer was represented by Jason Lee from Eastern Realty, while the seller was represented by Lew Finkelstein and CJ Huter from The Goldstein Group. This transaction demonstrates the value of quality real estate, as evidenced by the successful sale and creation of value for the parties involved.

Note from Seller's Rep: Fortunate to have represented a great friend in the sale of this asset. Quality real estate will always sell and create value.