216-Newbury-St-Peabody-MA

KeyPoint Partners Negotiates $6.1M Sale of Retail Property in Peabody, Massachusetts

by Amy Works

PEABODY, MASS. — KeyPoint Partners has arranged the sale of Route One Marketplace, a retail property located at 216 Newbury St. in Peabody. An undisclosed seller sold the property to the owner and operator of FUNCITY and Aero Trampoline Parks for $6.1 million. The buyer plans to open a FUNCITY facility at the property in spring 2018. Work Out World, Namco, Mass Bay Hockey Center and Revival Church are tenants at the 68,530-square-foot property. Don Mace of KeyPoint Partners negotiated the transaction.

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