A two-building, 20,700-square-foot retail and medical office complex in Somerville has changed hands for nearly $3.8 million, brokers with Marcus & Millichap announced.
Weiss: New upscale rental project is latest step forward for Somerville
The Cobalt, a new 117-unit high-end apartment building at the site, has revitalized a long-vacant, formerly contaminated site just a block from Main Street in Somerville. In the process, Weiss Properties is offering a new living option for a town that is primed to tap into the market for walkable, transit-centric destinations.