Galvani of Parsons Commercial Group Completes Sale of Rite Aid Building

Galvani of Parsons Commercial Group Completes Sale of Rite Aid Building

By November 3, 2015 Property Sales No Comments
RITE AID 75 Bolton Street Ext Marlborough

Parsons Commercial Group, Inc. (PCG) announced today the completion of the sale of 75 Bolton Street Ext. in Marlborough, MA for $4,150,000.

Victor Galvani, Vice President at Parsons Commercial Group represented both the seller, Yorkshire Real Trust and the buyer, Arak II, LLC in this transaction.

75 Bolton Street Ext, is a 13,363 square foot retail building that is fully leased to Rite Aid Pharmacy. “75 Bolton Street Ext. is a great investment opportunity for an owner with minimal landlord obligations having the single tenant in-place for over 10 years on a NNN lease, “noted Galvani.