792 Beacon Street

Boston Development Group acquires Newton Center single-story retail building for $8 million

This past Wednesday (July 20th, 2016), Boston Development Group acquired 792 Beacon Street, a 6,778 square foot single-story retail building located in the heart of Newton Center, for $8 million as recorded in the Middlesex County Registry of Deeds. The building is situated on a 7,400 square foot parcel located convenient to the MBTA Green Line and public parking. 792 Beacon Street last sold in December 2013 for $6.9 million.

Boston Development Group, founded in 1956 by David Zussman, is a proponent of the Circle Cinema Redevelopment in Cleveland Circle in partnership with National Development; both firms are based in Newton. The following is the deed for the sale of 792 Beacon Street to Boston Development Group: