Marlborough, MA Jon Gordon of Gordon Real Estate brokered two transactions in the month of September totaling $3.95 million in total sales.
The sale of 420 Lakeside Ave. for $2.8 million included 14 of 15 condominium units representing 92.6% of the building. The property is a four-story, 32,770 s/f office building situated at the intersection of Route 495 and Route 20. The buyer was G.I.M. Property Management LLC. The seller was Acumen Preferred Properties LLC. Jon Gordon procured the buyer and represented the seller.
The sale of 35 South Boulevard, Onset, MA for $1.5 million was part of a 1031 commercial exchange. The 2,240 s/f waterfront property is considered one of the prime parcels in the Wareham/Onset area, and offers opportunities for both residential and limited commercial development. Jon Gordon represented the seller, V&P Realty Trust. The buyer, Pollywog Investments LLC, was represented by Sally King of Options 153 LLC.
Boston’s iconic Newbury St. continues to thrive as one of the most vibrant and compelling retail corridors in the United States. Nestled in the heart of the Back Bay, this historic St. has evolved into a powerhouse of high-St. retail, where luxury meets lifestyle and legacy brands coexist with up-and-coming names. With its European charm, diverse architecture, and unmatched foot traffic, Newbury St. remains a dynamic reflection of Boston’s energy, culture, and economic strength.
As new tariffs continue to impact the global economy, retail businesses and investors are grappling with heightened uncertainty. From new high tariffs to supply chain issues to evolving consumer behaviors, continual changes are making it as or more challenging than the pandemic years. Yet, amidst this turbulence,
Placemaking. That is the word for 2024. While the concept has historical precedence in urban development, it became part of our current culture in the 1960’s when urbanists started to think about cities for people, not just cars.