NKF Capital Markets Orchestrates Sale of 40,000 SF Retail Building in Saugus, Massachusetts

SAUGUS, MASS. — NKF Capital Markets has arranged the sale of a retail property located at the intersection of Route 1 and Main Street in Saugus. Ocean State Job Lot purchased the 40,000-square-foot building from Taylor Saugus Limited Partnership, a joint venture between Eastern Real Estate and a partnership between Josh Katzen and Steve Tannenbaum. The property is fully leased to Bob’s Stores, a regional apparel and footwear retailer. Geoffrey Millerd, Justin Smith and Christoper Peterson of the NKF Capital Markets Boston office represented the seller in the deal.