–Leading mid-market investment sales firm represents the seller and procures the buyer for the mixed-use property in Holliston, Massachusetts–
Newton, MA (October 25, 2021) – Northeast Private Client Group’s ® (NEPCG) has announced the sale of Central Street Mixed-Use in Holliston, Massachusetts.
Senior Associates Francis Saenz & Drew Kirkland represented the sellers and procured the buyers for the mixed-use transaction totaling $4,100,000.
The Central Street Mixed-Use, located in Holliston, Massachusetts, sold for $4,100,000, equating to a price of $163.11 per square foot and a cap rate of 7.31%. The building boasts an impressive 25,137 square feet for storefront retail and office purposes. Constructed in the early 1960s, 90-100 Central Street underwent a third-floor addition and extensive renovations in 2012. It also features off-street parking in both the front and rear of the building. This property has a strong occupancy history, long-term tenants with multiple-year extensions. It is ideally located 5.9 miles from Framingham Commuter Rail & 30.7 miles from Logan International Airport.
Senior Associate Francis Saenz has a sales volume of over $200 million across 90 transactions. While specializing in multifamily apartment buildings, Francis has helped numerous clients strategize with retail, office & mixed-use buildings throughout Greater Boston. Senior Associate Drew Kirkland has closed a sale volume of over $188 million across 83 transactions. Kirkland specializes in multifamily real estate portfolios, offices, shopping centers, and retail/mixed-use properties throughout Connecticut and Massachusetts.
“Through our relationships in the market, we were able to source an owner user for this property and negotiate a timely close with aggressive terms. – Francis Saenz, Senior Associate”
Northeast Private Client Group® specializes in mixed-use, retail, and multifamily real estate, exclusively representing investors, property owners, and professional real estate investors. To date, more than 1000 successful transactions have been completed totaling over $3 billion in value within local submarkets around the Northeast and Southeast regions of the United States.
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