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NAI Hunneman Brokers $1.8 Million Sale of Revere Mill Building

01/22/2015

 Christie & McGee Represent Seller & Procure buyer in Sale of 18-unit at 770 Revere Beach Parkway

BOSTON—NAI Hunneman, a leading provider of commercial real estate services, recently brokered the $1.8 million sale of an 18-unit property located 770 Revere Beach Parkway.

Executive Vice President/Principal Carl Christie, assisted by Sales Associate Dan McGee represented the seller Zampic LLC and procured the buyer CMS Partners.

“The building drew heavy interest from the investor community due to its strong location, attractive interior features and positive cash flow due to its full occupancy,” said Christie

Formerly known as Slades’s Mill the building is a historic tidal powered spice mill that was converted to an 18-unit multifamily property in 2003. It is conveniently located just 13 minutes north of downtown Boston and easily accessible to I-93 via Routes 1 & 1A as well as public transportation via the MBTA Blue line at Beachmont Station.

About NAI Hunneman:

Headquartered in Boston, NAI Hunneman is a leading provider of commercial real estate services to corporations, institutions and the private market. NAI Hunneman is a member NAI Global, the premier network of independent commercial real estate firms and one of the largest commercial real estate service providers worldwide. NAI Global manages a network of 6,700 professionals and 375 offices throughout the world. NAI professionals work together with its global management team to help clients strategically optimize their real estate assets. To learn more about NAI Hunneman and the NAI Global Network please visit www.naihunneman.com.

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01/22/2015 - 15:08

Source

NAI Hunneman

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