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NAI Hunneman’s Capital Markets Group Brokers $6.1 Million Multifamily Sale

07/25/2016

Christie, Tito & McGee Represent Seller & Procure buyer in Sale of 55-units in Lynn, MA

BOSTON—NAI Hunneman, a leading provider of commercial real estate services, recently brokered the $6.1 Million sale of The Beaconsfield Apartments totaling 55-units located at 16 Newhall Street in Lynn, MA.

Executive Vice Presidents Carl Christie & Robert Tito along with Assistant Vice President Dan McGee represented the seller 16 Newhall Street, LLC., and procured the buyer M&M Gloss Realty Company, LLC.

“The property is over 96% occupied and offers a prime location just minutes from the commuter rail, as well as off-street parking making it a nice addition for the buyer who was looking to expand their holdings in the region,” said Christie.

The Beaconsfield Apartments is a six-story apartment building with fifty-five (55) rental units. The brick building was originally the Beaconsfield Hotel and includes attractive hardwood floors, detailing, and a passenger elevator. In addition, there is off-street parking for eleven cars.

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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NAI Hunneman

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