NAI Hunneman Facilitates $5.6M Sale of Retail Property in Norwell, Massachusetts
NORWELL, MASS. — NAI Hunneman has arranged the sale of a retail property located at 22 Pond St. in Norwell. McLaren Auto, the building’s current tenant, and its owner, BMD LLC, exercised a purchase option in its lease and acquired the property from Herb Chambers for $5.6 million. The 22,084-square-foot property features a showroom, automotive operations space, six drive-in doors, wet and dry sprinkler systems and parking for up to 175 cars. Cathy Minnerly and Over Osvold of NAI Hunneman represented the seller, while Kathy Doyle of Curran Capital represented the buyer in the deal.