Major Sale of Three Town Fair Tire Locations in New England
January 3, 2025 - 18:24
BOSTON– A significant real estate transaction has taken place involving three net-leased properties anchored by Town Fair Tire, located in Billerica, Massachusetts; Brockton, Massachusetts; and Nashua, New Hampshire. The properties were sold for an impressive total of $7,955,360, marking a notable investment in the region's retail landscape.
The sale reflects a growing interest in net-leased properties, which offer stable income opportunities for investors due to their long-term lease agreements with established tenants. Town Fair Tire, known for its reliable tire and automotive services, provides a strong anchor for these locations, contributing to their desirability.
The successful closing of this deal highlights the robust performance of the real estate market in New England, as investors continue to seek out high-quality assets. The transaction was facilitated by experienced professionals in the industry, showcasing their expertise in navigating the complexities of commercial real estate sales.
MORE NEWS
September 26, 2026 - 02:46
Data Centers and AI Take Center Stage at Memphis Commercial Real Estate SummitCommercial real estate professionals gathered in Memphis to examine how artificial intelligence and data center development are reshaping the local property market. The Memphis Area Association of...
September 25, 2026 - 17:22
McDonough School of Business Names Kelly Nagel to Lead Real Assets DivisionThe McDonough School of Business has appointed Kelly Nagel as its new head of real assets and real estate. In this role, Nagel will oversee the full range of real estate offerings at the school...
September 25, 2026 - 02:24
Foreclosure Looms for Major Dallas Office Tower Over Unpaid LoanLenders have moved to foreclose on a prominent office high-rise in downtown Dallas after the property`s owners failed to repay a $79 million loan. The building at 2100 Ross Ave., a 33-story tower,...
September 24, 2026 - 18:10
Albany Center Square Apartment Building Changes Hands for $1.55 MillionA 13-unit apartment building in Albany`s Center Square neighborhood has been sold for $1.55 million. The buyer, DRM Property Development LLC, purchased the property from the DeThomasis brothers,...