Kinvarra Capital Acquires Development Site In Somerville, MA For $3.47M
121 Prospect Street
Development Site
10,063 SF
10,063 SF
Sold 1 year ago
Summary
121 Prospect St in Somerville, MA has been sold in a recent transaction. The development site was purchased by Kinvarra Capital from Prospect - Houghton Realty Trust. The deal was facilitated by Daniel Dewing of Boston Realty Advisors.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $3,470,000
- Address: 121 Prospect St, Somerville, MA
- Market: Somerville, MA
- SF: 10,063
- PPSF: $345
- BSF: 29,000
- PPBSF: $120
Daniel Dewing of Boston Realty Advisors played a key role as the broker representing both parties in the transaction. This deal highlights the active real estate market in Somerville, MA, with Kinvarra Capital securing a valuable development site for $3,470,000.
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121 Prospect Street
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