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Prower LLC Buys Newton Center Retail Strip For $6.9M

Feb 14, 2014 | Reprints | Unlock Link | Print

792 Beacon St Newton-based Prower LLC has bought a retail strip in Newton Center for $6.9 million.

The net-leased retail strip at 792 Beacon St. includes more than 6,000 square feet on the main retail level, as well as over 6,000 square feet of lower-level space with elevator access and high ceilings.

The building sits directly across from the municipal parking lot in Newton Center. Tenants include Citibank and a Miniluxe salon.

The seller was Academy Realty LLC, a corporation whose principals had owned the building for decades. Todd Glaskin of Coldwell Banker Commercial and a sales associate affiliated with the Coldwell Banker Residential Brokerage office in Newton facilitated the transaction on behalf of the buyer. Ted Chryssicas of Colliers International represented the seller.

Commercial & Industrial