Frazer Capital Sells Newbury Street Retail Condo in Boston for $6.2M

BOSTON — Frazer Capital has completed the disposition of a retail condominium located at 165 Newbury St. in Boston’s Back Bay neighborhood. 165 Newbury Street Owner LLC acquired the property for $6.2 million, or $5,952 per square foot. Leased to Starbucks Coffee on a long-term basis, the property features 1,050 square feet of retail space and a 350-square-foot patio. Robert Griffin, Geoffrey Millerd and Paul Penman of NGKF Capital Markets represented the seller in the transaction.