Rafi Properties Purchases Development Site in Somerville
$5,680,000/SOLD
Rafi Properties Purchases Development Site in Somerville
Established in 2011, Rafi Properties started with a multifamily investment in Coolidge Corner, Brookline. Through the past years, Rafi Properties' goal has evolved into creating an unique urban lifestyle with each mixed-used properties in the Greater Boston area. Today, they emphasize on listening and observing to the specific demands of the local market. Whether its zoning uses, unit count, unit layout, amenities, or finishes, Rafi Properties delivers the ideal development for the local community, environment, and economy.
With that in mind, Rafi Properties purchased a 21,000 SF building at 599 Somerville Ave. The space was a former bakery that will now be used for technology and R&D companies. Sold for $5.680 Million.
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Stephanie Deering
- ABG Commercial Realty
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- (617) 492-9900