Immobiliare Realty Trust has sold the land of a mixed-use, multifamily development at 639 Warren Street in Roxbury, Massachusetts, for $3.2 million.
Colliers’ Kendin Carr represented the seller in the transaction for the 0.75-acre property. This development is part of an ongoing transformation of a centrally located land site into a modern residential asset.
“This modern development opportunity offers a unique opportunity to transform and revitalize the community,” said Kendin. “Despite the challenging market conditions, there is a strong demand for centrally located, urban multi-use development properties, and we are honored to have worked with our client on this transaction.”