8 Newbury Street Update 08/04/20

Back Bay Retail/Office Property Sold for $42.45M

Tarapaca Newbury Corp, a partnership between Chile-based family office, Corso, and GLL Real Estate Partners, an international real estate fund manager based in Germany has purchased 8 Newbury Street for $42.45M. The 17,000 square foot building is currently home to North America’s largest–Rolex-branded flagship store with boutique office space on the upper levels. The property last traded for $15,150,000 in 2013.

 

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