Freudenheim Partners announced today that their client, Ayni Institute, has purchased 240 Harris Street in Revere, MA for $1,180,000 ($258.94/SF). The 4,557 SF stand- alone office building will be the Institutes new training center. Built in 2014, the office building offers parking, easy access to public transportation, and high visibility with building signage opportunity in an excellent location near Route 1A, Route 16, and Route 1. In addition, the redevelopment of the Suffolk Downs site nearby will promote new economic opportunity and development through the creation of commercial clusters, including office, lab and retail uses as well as a new innovation node at Beachmont Square. This new mixed-use district will attract employers of growing industries and create a truly dynamic work environment for the residents of East Boston and Revere.
Ellie Cullinan negotiated the purchase of the building on behalf of the buyer, Ayni Institutte, while
Charlie Jacob and Steve Nohrden of Burgess Properties, represented the seller.
“240 Harris offered Ayni Institute the unique opportunity to own their own training center near
Boston,” said Ellie Cullinan, EVP at Freudenheim Partners. “After a full market search, we were
very pleased to find a small stand-alone office building that was fully built out.”
About Ayni Institute
We are living in a time of transformative change. We believe that the only way to change a system is through building a new one that can meet people’s needs at a higher level. There are many people working to create change; whether they are strong communities, alternative institutions, popular movements, training programs, and others. The Ayni Institute is looking to engage and support those which are creating something special that can bring our world towards reciprocity. We are deeply guided by the wisdom of these areas: Memory, Alternative, and Movements.
For more information about Ayni Institute, please visit https://ayni.institute
About Freudenheim Partners
A commercial real estate brokerage firm founded on the principle that strong relationships are built by consistently delivering the best results for our clients. FP brings creativity, thoughtful insight and superior execution to the forefront of each and every leasing and investment sales interaction.
For more information about Freudenheim Partners, please visit https://www.fpcre.com
