Matthews Real Estate Negotiates $7.7M Sale of Retail Property in Middleton, Massachusetts

by Taylor Williams

MIDDLETON, MASS. — Nashville-based brokerage firm Matthews Real Estate Investment Services has negotiated the $7.7 million sale of a 14,440-square-foot retail property that is net leased to Walgreens in Middleton, a northern suburb of Boston. Grant Korn and Maxx Bauman of Matthews Real Estate represented the locally based seller, Newport Property Corp., in the transaction. A New York-based private investor acquired the asset via a 1031 exchange.

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