NAI Hunneman’s Capital Markets Group Brokers $13.6 Million Multifamily Sale
Christie & McGee Represent Seller & Procure buyer in Sale of 32-units in at the Corner of Commonwealth Avenue in Brighton
BOSTON—NAI Hunneman, a leading provider of commercial real estate services, recently brokered the $13.6 Million sale of a 32-unit multifamily property located at 31 & 35 South Street in Brighton, MA. The buildings were purchased 100% leased through August 2017.
Executive Vice President Carl Christie, assisted by Sales Associate Dan McGee represented the seller J&W South Street LLC and procured the buyer Akelius US, LLC,
“These properties are very attractive to student and young professional renters, and usually remain leased due to the proximity to Boston College and Downtown,” said Christie. “The characteristics of the assets were a perfect match for the buyer who has been focused on acquiring multifamily assets in and around Boston.”
Located near the intersection of South Street and Commonwealth Avenue, 31 & 35 South Street are two adjacent brick apartment buildings totaling a combined thirty-two units. The property includes off-street parking and is only a short walk to the MBTA Green line stop at the corner of Commonwealth Ave.
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