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
October 6, 2026 - 03:02
Real Estate Program Welcomes First Professor of PracticeMark Apker has joined the college as its first Professor of Practice in real estate. He brings a rare combination of industry leadership, legal expertise, and academic experience to the...
October 5, 2026 - 03:00
VICI Properties (VICI) Could Be 46% Undervalued As Its Alberta Rent Stream Holds FlatVICI Properties has restructured its Canadian holdings, signing a new triple net lease with Highfield Investment Group for two racetrack properties in Alberta. The deal keeps the company`s total...
October 4, 2026 - 21:33
Egypt Moves to Tighten Real Estate Rules with New Developer LawEgypt is preparing to overhaul the regulation of its real estate development market through a draft law establishing the Egyptian Federation of Real Estate Developers and introducing new rules for...
October 4, 2026 - 03:50
XLRE vs. RWO: Which Real Estate ETF Offers Better ValueInvestors looking at real estate exposure have two very different options in XLRE and RWO. One fund keeps its focus on U.S. large-cap properties and charges a 0.08% expense ratio. The other spreads...