Equity Industrial Gets Metro Boston Retail Residential Property for $36M

Watertown-based financial investment company Equity Industrial Partners has acquired a 69,000-square-foot retail structure in Watertown. The prices was $35.5 million.

The retail residential property is currently net leased to grocery lessee Quit & & Shop. The seller has inhabited the building for greater than 25 years and also lately prolonged its lasting lease. The property is located at 700 Pleasant St.

JLL represented the vendor, a collaboration between Winstanley Enterprises as well as Surrey Equities LLC, in the purchase. Equity Industrial Partners is a privately held programmer and also driver of industrial storage facility, distribution and also workplace centers throughout the United States.

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David Cohen is Southeast Content Director at Attach Commercial Realty. David is a media professional with greater than ten years of experience in journalism, copywriting and also communications throughout a range of duties.
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Published at Mon, 01 Mar 2021 18:38:25 +0000

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