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Massachusetts Advance Auto Parts Store Acquired by Investor

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Colliers Hartford is pleased to announce the sale of a single tenant Advance Auto store located at 1247 Social Street in Blackstone, MA for $1,010,000.

Phil Gagnon, Ian Hunt, and John Cafasso of Colliers represented the seller in the transaction. Of the sale, Ian Hunt noted “demand for high quality assets like 1247 Social Street remains robust, evidenced by multiple above-ask offers.” Advance Auto recently exercised a five-year option at the 6,812 square foot property. The purchaser is a private investor and was represented by Bruce Corn from NAI/Merin Hunter Codman.

 

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Colliers (NASDAQ, TSX: CIGI) is a leading diversified professional services and investment management company. With operations in 65 countries, our more than 15,000 enterprising professionals work collaboratively to provide expert advice to real estate occupiers, owners and investors. For more than 26 years, our experienced leadership with significant insider ownership has delivered compound annual investment returns of almost 20% for shareholders. With annualized revenues of $3.6 billion ($4.0 billion including affiliates) and $46 billion of assets under management, we maximize the potential of property and accelerate the success of our clients and our people. Learn more at  corporate.colliers.com, Twitter @Colliersor LinkedIn.