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NAI Hunneman’s Capital Markets Group Brokers $2.1 Million Multifamily Sale

06/10/2015

 Christie, McGee & Lieber Represent Seller & Procure buyer in the Sale of 16-units in Chelsea

BOSTON—NAI Hunneman, a leading provider of commercial real estate services, recently brokered the $2,196,500 sale of a 16-unit multifamily property located at 268-280 Washington Street in Chelsea, MA.

Executive Vice President/Principal Carl Christie, assisted by Sales Associates Dan McGee & Henry Lieber represented the seller CIB Properties, LLC and procured the buyer AU Washington, LLC.

“The full occupancy level of the building along with a valuable off-street parking lot developed by the seller made this a very appealing asset to AU Washington which was looking to expand its holdings in Chelsea,” said Christie

Located just off of Route 1 and in close proximity to the Revere Beach Parkway, 268-280 Washington Street is a four story, apartment building consisting of  five (5) one-bedroom and eleven (11) two-bedroom units, just minutes from downtown Boston. The property was fully occupied at the time of sale.   

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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06/10/2015 - 17:30

Source

NAI Hunneman

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