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O’NEILL OF GROSSMAN COMPANIES SELLS 6 FORT STREET FOR $1.86 MILLION
Asian Community Development Corp. Buys Quincy Building

December 2008— QUINCY, MASS. (Issued December 2008) -- Frank O’Neill, Commercial Broker with The Grossman Companies, Inc., of Quincy, served as the exclusive agent in the sale of 6 Fort Street, a four-story building near Quincy Center’s bustling business district. The sale price was $1,862,500.

The buyer of the 42,283 square-foot brick building is the Asian Community Development Corporation. O’Neill represented the seller, Quincy-Fort Realty Trust.

Asian Community Development Corp. Project Manager Tim Doherty said, “We are attracted to 6 Fort Street for its transit-oriented location in historic Quincy Center.   The group plans to transform the building into a 34-unit affordable housing complex.

O’Neill of The Grossman Companies, Inc., “It will be a good use for this underutilized property. I’m pleased we were able to match the right buyer with the seller.”

The Grossman Companies, Inc., as exclusive agent, offers a full range of brokerage services, with a focus on sales and leasing of commercial property throughout New England. For more information, contact Frank O'Neill at 617-472-2000, or frank@grossmanco.com.

Written by Stanley Hurwitz