IMAGE: Jeff Similien & James Elock
ADDRESS: 120 Babson Street
MARKET: Mattapan, MA
ASSET TYPE: Commercial
TENANT: The Forever Young Group
LANDLORD: Archdiocese of Boston
BROKER: Jeff Similien (@jeff_6m) – Boston Trust Realty Group, & James Elock – Colliers International
LEASE TERM: 75 year lease
ASKING RENT: $122,020 (Annual)
ACRES: 1.3 – 24,404ft
NOTE: Congratulations to @foreveryounggroupllc on leasing 120 Babson St (formerly Pope John Paul Ii Catholic Academy). They will convert the building to an adult assisted living facility with 37 apartments.
Also, a congratulations to @colliers and @jeff_6m for brokering this deal.