Real estate brokerage firm: Jeveli’s properties sold for $4.275 million

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Jevelis closes for good in East Boston
Photo credit: EastBoston.com

From a company press release:

BOSTON, May 30, 2023 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of four mixed-use buildings in Boston. The portfolio traded for $4.275 million, which included a seven days a week 2 a.m. liquor license.

“East Boston has experienced some of the highest year-over-year growths in rents and property values in the last decade,” said Evan Griffith, senior vice president investments.

Related:

Read more about Jeveli’s here and here.