A private investor has sold a 13,000-square-foot retail property in downtown Somerville, according to brokers with Marcus & Millichap who arranged the deal.
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.
