Boylston Properties Acquires Watertown Retail Property For $96.25M | 615 Arsenal Street | Robert (Rob) Griffin, Paul Penman, John Martin, Geoffrey Millerd | Retail | Sale

Summary

Sale

MASSACHUSETTS

Retail

126,460 sqft

Boylston Properties has acquired a retail property located at 615 Arsenal Street in Watertown, MA. The property was sold by Inland Real Estate in a closed transaction. The deal was facilitated by the brokers Geoff Millerd, Paul Penman, Jon Martin, and Rob Griffin from Newmark.

Summary of transaction details

Property Type: Retail
Sale Price: $96,250,000
Total Building Square Footage: 126,460
Price per Square Foot: $761
Date: 01/18/2022
Market: Watertown, MA

Newmark's Los Angeles team, consisting of Bill Bauman and Kyle Miller, also played a role in brokering the deal alongside the local team.

Players

All
5

Agents
4
Agencies
1

Robert (Rob) Griffin

Co-Head of U.S. Capital Markets

$5.8B Sold

$853.8M Sold

$114.8M Sold

$749.7M Sold

Details

Deal Summary

SOLD

IMAGE: Paul Penman, Geoff Millerd, Jon Martin & Rob Griffin DATE: 01/18/2022 ADDRESS: 615 Arsenal Street MARKET: Watertown, MA ASSET TYPE: Retail BUYER: Boylston Properties SELLER: Inland Real Estate BROKERS: Geoff Millerd, Paul Penman, Jon Martin & Rob Griffin - Newmark SALE PRICE: $96,250,000 BSF: 126,460 ~ PPBSF: $761 NOTE FROM NEWMARK: Deal brokered in conjunction with Newmark's Los Angeles team of Bill Bauman & Kyle Miller

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Address615 Arsenal Street

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