Newman Properties, in partnership with Atlantic Capital Commercial Real Estate LLC, is beyond excited to announce the successful purchase of 10-40 Rosebrook Way, Wareham MA for $8,300,000.
This commercial asset features three fully occupied buildings located directly off Route 28. Strategically positioned in front of TownePlace Suites and the luxury apartments at 35 Rosebrook, this high-visibility location boasts a strong, diverse tenant roster. Existing tenants include Cape Cod Five Cents Savings Bank, Ninety Nine Restaurant & Pub, Five Guys, Ophthalmic Consultants of Boston, Saga Fusion, and Southcoast Dental. Newman Properties and Atlantic Capital Commercial Real Estate are thrilled to add this high-performing asset to their portfolio!
Newman Properties extends its sincere gratitude to the Colliers team, attorney Jessica Heywood of Dwyer Goncalves, Gregg Lieberman of Lieberman Law Office PC, and Ross Grifkin of Rockland Trust for their exceptional guidance, professionalism, and support throughout the transaction.
Newman Properties continues to seek new and innovative acquisition opportunities. With a distinguished portfolio of residential and commercial assets, Newman Properties and its affiliates own and manage more than 750 residential units along with numerous commercial and retail properties. To date, the company has acquired and sold over $500 million in real estate throughout Greater Boston, the South Shore, and the North Shore. Current projects in the pipeline include residential condominium conversions, value-add renovations, and long-term buy-and-hold investments, as well as commercial opportunities throughout New England.