Northeast Private Client Group Sells Retail Property and Businesses in Gloucester, MA for $1.645 Million

Northeast Private Client Group Sells Retail Property and Businesses in Gloucester, MA for $1.645 Million

Leading mid-market investment sales firm represents seller and sources buyer for retail property.–

 

Newton, MA (October 9, 2020) – Investment sales broker Northeast Private Client Group has announced the sale of Thatcher Road Retail located at 147 Thatcher Road in Gloucester, MA. Francis Saenz and Drew Kirkland, senior associates for the firm, represented the seller and procured the buyer in the $1,645,000 transaction.

 

Thatcher Road Retail is a 2,334 SF retail building sitting on a 10,019 SF lot. The businesses include Surfside Subs and Long Beach Dairy Maid. A Gloucester based seller, Carlos Inc., sold the property to Lexington, MA based investor, Dyer Asset, for a price that equates to $705.10 per square foot.

 

 About Northeast Private Client Group

Northeast Private Client Group is a leading mid-market investment sales firm and has been named as one of the Inc5000 Fastest-Growing Private Companies in the US. With offices in New York, Connecticut, Rhode Island and Massachusetts, we provide unmatched results by combining specialized market intelligence with a relationship-based marketing strategy that caters to our individual clients’ needs. We have a proven track record of matching our clients with qualified buyers of multifamily and commercial properties in the submarkets we serve. Over the past ten years, our team has closed transactions with a total value over $1.5 billion.Our collaborative and research-driven solutions are tailored to meet the individual needs of investors and property owners across the Northeast who are looking to buy, sell or exchange mid-market properties, including mixed-use, multifamily, retail and office assets.

To learn more, visit: www.northeastpcg.com.