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
August 8, 2026 - 00:22
Lim Chap Huat Sues Brookfield Over $400 Million Singapore Property DealThe executive chairman of Singapore`s Soilbuild Group Holdings, Lim Chap Huat, has filed a lawsuit against Brookfield, claiming the New York-based asset manager hijacked a property transaction that...
August 7, 2026 - 06:17
Washington, D.C., Is America’s Newest Billionaire BoomtownThe nation`s capital is no longer just a center of political power. It is quickly becoming a prime destination for the country`s wealthiest individuals, with cabinet members and tech industry...
August 6, 2026 - 22:13
Real estate brokerage AI adoption hits a tipping point as holdouts disappearA new industry report shows that artificial intelligence has moved from a novelty to a necessity in real estate brokerages, with the last holdouts finally coming around. The study, which surveyed...
August 6, 2026 - 03:37
Inside A $27.6 Million Equestrian Estate Near Lisbon With Centuries Of HistoryFor centuries, the lush hills of Sintra have offered refuge to Portuguese royalty, exiled nobles, and the country`s wealthiest families. Tucked into that UNESCO-protected landscape, Quinta do...