NEWTON, MA — Boston Realty Advisors (BRA) announced that it has sold 90 Wells Avenue; a 10,000 square foot office building located in Newton, MA for $2,835,000.
90 Wells Avenue is strategically located in the Wells Avenue Office Park, one of the best performing office parks in Massachusetts. This 10,000 square foot building presented a rare opportunity for end users to own a quality building, at a manageable size, in a top performing submarket. The $283/SF represents the highest price per square foot sale of a stand alone office building in Newton in over a decade.
Jeremy A. Freid, SIOR, Adam T. Meixner, Michael d'Hemecourt and Jordan B. Sneider of Boston Realty Advisors marketed the property on behalf of the seller 94 Wells Ave, LLC. The buyer, Hospice of the Good Shepherd, was represented by Taber Keally of Donahue and Associates.