230 Second Avenue Update 12/12/22

Route 128 Office Complex Traded for $3.4 Million

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of 230 Second Avenue, a square-foot office property located in Waltham, MA, according to Thomas Shihadeh, regional manager of the firm’s Boston office. The asset sold for $3,400,000.

Harrison Klein and Luigi Lessa, investment specialists in Marcus & Millichap’s Boston office, had the exclusive listing to market the property on behalf of the seller, Eastport Real Estate Services.  The Klein Group also secured the buyer, .

Agents Klein & Lessa comment, “Given the uncertainty in the market and distinct structure of the deal, it took a unique buyer to successfully close on the property. The buyer saw the opportunity to use their 1031 exchange proceeds to secure an extremely well-located asset.”

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