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Allston Retail Property Sold For $2M

Jul 20, 2016 | Reprints | Unlock Link | Print

A retail property at 445 Cambridge St. in Allston has been sold for $2 million.

NAI Hunneman’s Robert Tito represented the seller, 445 Cambridge St. LLC, and procured the buyer.

The buyer is Cambridge Street 445 LLC, a Newton corporation that lists David J. Stoia as manager. Thomas Blakely of TRB Realty procured the buyer.

The property contains a 5,512-square-foot auto repair building that is fully occupied.

“It was a perfect user purchase, as the existing business smoothly transitioned to the new owner-operator,” Tito said in a statement. “The buyer recognized the long-term fundamentals and tremendous growth being experienced within the trade area.”

B&T Daily