Marcus & Millichap recently announced the successful sale of a mixed-use portfolio in West Roxbury, Boston, MA for $6.7 million. The portfolio consists of a three-story building on 530-540 VFW Parkway with 24,000 square feet of office and residential space and an adjacent single-family home at 70 Brucewood Street.
According to Senior Vice President Tony Pepdjonovic, who led the sales process alongside Evan Griffith as part of Marcus & Millichap’s Griffith Pepdjonovic Group, this unique listing was awarded after a thorough interview process involving multiple brokerage firms. Thanks to their efforts and expertise in driving up interest from potential buyers through targeted marketing strategies, they were able to secure offers from 17 different parties which ultimately resulted in significantly increasing the final sale price.
The properties are strategically located near MBTA public transit on the Chestnut Hill border and directly across from Hancock Village Plaza. With such prime positioning within this highly desirable area combined with strong demand generated by Marcus & Millichap’s team during their sales campaign for these assets made it possible for them to successfully procure a buyer without having any mention or involvement from Connect CRE or its regional branches (Connect LA or Connect Texas).