Press Release brought to you by CBRE/New England

CBRE/New England Sells 20 Seyon Street, Watertown, MA

01/16/2014

Thursday, January 16, 2014

 

 

CBRE/New England Contact:

Taidgh McClory

Tel: 617.912.7085

taidgh.mcclory@cbre-ne.com

 

 

 

CBRE/New England Sells 20 Seyon Street, Watertown, MA

Infill industrial building sold

 

BOSTON (Jan. 16, 2014) — CBRE/New England’s Capital Markets and Industrial teams today announced the sale of 20 Seyon Street in Watertown, Massachusetts. This ±5.0-acre site improved with a ±94,268 SF industrial building is located on the Waltham/Watertown border. Just 7.5 miles from downtown Boston, 20 Seyon Street provides convenient access to Cambridge and the surrounding suburbs. The property falls within the Pleasant Street Corridor Zoning District, which allows for a variety of uses.

 

Samuels & Associates sold the asset to Hilco Real Estate LLC for an undisclosed amount. CBRE/New England’s Chris Angelone, Bill Moylan and Nick Herz, in conjunction with CBRE/NE industrial market experts Bob Gibson and Rachel Marks, represented the seller and procured the buyer in the transaction.

 

“We are pleased to have facilitated this transaction on behalf of the seller,” said CBRE/NE’s Moylan. “20 Seyon Street is uniquely positioned as a highly visible site, close-in to Boston and ripe for new tenancy.”

 

Positioned in the Greater Cambridge/128-West Market, 20 Seyon Street provides proximity to Cambridge, relative affordability as compared to downtown Boston or Cambridge, and ample retail amenities to create an attractive live and work environment for tenants. Furthermore, 20 Seyon Street provides tenants with the ability to customize for their particular use and lock in long-term quality space in a great location.

 

 

About CBRE/New England

CB Richard Ellis – N.E. Partners, LP, a joint venture with CBRE Group, Inc. has offices in Massachusetts, Connecticut, Rhode Island, Maine and New Hampshire. Please visit our website at www.cbre-ne.com. CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services firm (in terms of 2012 revenue). The company has approximately 37,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 300 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting.

 

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01/16/2014 - 11:28

Source

CBRE/New England

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