Newmark Brokers Sell Boston Office Building On Broad Street For $5.6M

The office property located at 50-52 Broad Street in Boston, MA has been sold in a closed transaction. The sale was facilitated by the brokerage firm Newmark, with brokers Robert Griffin, Michael Greeley, Joseph Alvarado, George Demoulas, Casey Valente, and Matthew George representing the parties involved.

Summary of transaction details:

• Property Type: Office
• Sale Price: $5,600,000
• Square Footage: 9,947 SF
• Price per Square Foot: $563
• Date of Transaction: 12/17/2021
• Market: Boston, MA
• Brokers: Robert Griffin, Michael Greeley, Joseph Alvarado, George Demoulas, Casey Valente, and Matthew George - Newmark

The sale of the office property at 50-52 Broad Street marks a significant transaction in the Boston market. The involved parties, including the sellers, buyers, and their respective representatives, worked together to successfully complete the deal. The transaction demonstrates the ongoing activity and value within the office asset category in the Boston, MA market.