KeyPoint Partners Negotiates Sale of Four-Building Newton Portfolio
October 15, 2019
KeyPoint Partners, LLC (KPP) has negotiated the sale of the Newton Highlands Portfolio, a four-building, multi-tenant mixed use portfolio in Newton Highlands, Massachusetts. KPP Vice President of Investment Sales Jonathan Aron represented the seller and procured the buyer in the transaction.
The Newton Highlands Portfolio is a trophy four-building retail and office portfolio located in iconic Newton Highlands, at a signalized corner across the street from the Newton Highlands MBTA station. The total property GLA is approximately 25,000 square feet across the four buildings, which include 1-21 Lincoln Street; 1155-1159 Walnut Street; 1151 Walnut Street; and 1149 Walnut Street.
“This asset has a stable, diversified tenant mix, and potential for a partial or complete redevelopment”, Aron says. “The portfolio represents a once in a generation opportunity.”
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