Newton-based Northland Investment Corp. has acquired 160 Charlemont St. and 215 Needham St. in Newton.

215 Needham St., a 24,520-square-foot building, contains Petsmart, Men’s Wearhouse and Five Guys Burgers and Fries.

160 Charlemont St. contains 90,825 square feet of industrial space. Northland paid $9.6 million to acquire the property from H.C. Starck of Newton.

Northland Northland manages six real estate investment funds. It owns 86 multifamily properties in eight states and over 2 million square feet of commercial properties, including 12 properties in Massachusetts.

"These properties are in close proximity to several other properties that Northland owns on Needham Street, positioning us well for future growth and development in this area," said Steven P. Rosenthal, President and CEO of Northland, in a statement.

Northland Acquires Two Newton Properties

by Banker & Tradesman time to read: <1 min
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