For the 505 W. Central 4 acre retail site, Rob was engaged as the partnership’s real estate counselor during the summer of 2009 to initially conduct a highest and best use analysis of the former KOC property. The result was a 3 lot retail subdivision located on Rt. 140 near Rt. 495 of which Rob advised on the site design, investment feasibility, and lease negotiations and disposition of the project. Numerous site plan schematics were initially developed for this 4 acre site so that it could be developed into a higher and best use commercial scenario. Numerous commercial and retail tenants had expressed interest in this site and eventually the site was designed into 3 pad lots for free-standing end-users.
Auburndale Realty Company
Auburndale Realty Co., founded in 1949, specialized in leasing and managing rental apartments and single-family homes along the Route 128 beltway. It became the largest apartment property management company in Newton, MA. In 1960, it became one of Boston’s first real estate syndicators, specializing in apartment complex acquisitions. In 1989, Robert J. Nahigian joined the firm, with over 52 years of experience in commercial and industrial real estate. The firm has expanded its developments and holdings since 1985.
Recent Posts
- Nahigian appointed to NAR Professional Development and CRE VC Engagement and Recruitment December 14, 2024
- Nahigian key speaker at Dec. 10, 2024 S. Shore Realtors Commercial Conference December 14, 2024
- Nahigian Participates in Boston University Real Estate Program with CREW on Program September 22, 2024
- Nahigian speaks at CCIM Global Summit, Sept. 17-18, 2024 on Logistics Supply Chain September 22, 2024