Legacy Real Estate Ventures is focused on the acquisition and value enhancement of commercial real estate, with a goal of increasing the wealth of our equity investors through cash flow and appreciation.
Listen to Peter Raskin's interview with Real Estate Ventures Principal, Michael Price, on the benefits of investing in real estate
Property Spotlight
70 Wells Ave, Newton MA
Purchase Date: 6/30/2023
Size: 28,244 SF
Occupancy: 84%
Totaling 28,244 square feet across two stories, 70 Wells Ave in Newton, MA was initially put under agreement at a 56% occupancy rate. During the sales process, Legacy took over marketing the vacancy, resulting in an occupancy rate of 84% upon close. Building improvements include a lobby renovation project and the creation of additional office space from previous storage space. Tenants include a mix of professional service and medical tenants.
Portfolio Details
Our portfolio includes over half a million SF of medical, educational, industrial, flex & office properties in the Northeast