Svn | Parsons Commercial Group Completes The Sale of 25-35 And 53-61 Central Street In Wellesley
March 29, 2022
25-35 and 53-61 Central Street Wellesley
Wellesley — SVN | Parsons Commercial Group | Boston has completed the sale of a 17,000 square foot mixed-use portfolio at 25-35 and 53-61 Central Street Wellesley to Linear Retail for a combined purchase price of $12.25 million.
Senior Advisor Marilyn Santiago of SVN | Parsons Commercial Group | Boston represented the seller.
25-35 Central Street is an 11,000 square foot two-story building with 6,500 square feet of ground floor retail space, 2,500 square feet of residential and office space, and 2,000 square feet of below-grade retail space. Tenants include Footstock, Laurel Grove, Marika’s Salon, Skinscapes and Winston Flowers. There is currently 1,182 square feet of ground floor retail space available for lease.
53-61 Central street is a single-story retail store block with 6,000 square feet of retail space. The fully leased building has five tenants: Cocobeet, Eileen Fisher, Lacrosse Unlimited, O’Neil Jewelers, and Wellesley Toy Shop.
Linear Retail currently owns two other store blocks in Wellesley Square located at 61-71 Central Street and 74-102 Central Street.
“The Linear team was professional, knowledgeable and a pleasure to work with throughout the sale process,” Santiago said.
-
78 Middlesex Street, Lowell MA
July 11, 2025
Full Story
Real Briefs
Hunneman Provides Financing for 26-Unit Lowell Multifamily Redevelopment For Nine Zero Two
July 11, 2025
Lowell — Hunneman, recently closed the financing for Isobel Lofts, a 26-unit multifamily redevelopment currently under construct
-
300 Willow and 125 Flagship, North Andover MA
July 09, 2025
Full Story
Real Briefs
Seyon Acquires Pair of North Andover Industrial Assets for $12.5M Via JLL
July 09, 2025
Boston — The JLL Capital Markets team completed the brokerage of 300 Willow Street and 125 Flagship Drive, a two-building light
-
Hager Homestead, King Street, Littleton MA
June 30, 2025
Full Story
Real Briefs
Nauset Construction Completes New England’s First Senior Cohousing Development
June 30, 2025
Littleton — Nauset Construction recently completed Hager Homestead, New England’s first senior cohousing community ...
-
84-86 Ellery Street in Cambridge, MA
June 25, 2025
Full Story
Real Briefs
1880-Built Harvard Square 14-Unit Multifamily Sells for $6.65M
June 25, 2025
BOSTON – The Griffith/Pepdjonovic Multifamily team based out of Marcus&Millichap's Boston office completed the sale of Ellery Ap
-
June 25, 2025
Full Story
Real Briefs
Atlantic Property Management Expands Portfolio; Adds Three New Assignments in MA and RI
June 25, 2025
Boston — Atlantic Property Management announced additional client growth in New England with the addition of three new property